BNY Mellon Partners with Galaxy to Launch Institutional Crypto Custody and Staking

BNY Mellon and Galaxy Digital form strategic alliance to integrate institutional-grade custody with PoS staking services, pending regulatory approval for infrastructure upgrades.

Woofun AI reports that Galaxy Digital has entered a strategic partnership with Bank of New York Mellon to advance digital asset infrastructure for institutional markets. The collaboration integrates BNY’s custody platform with Galaxy’s Proof of Stake expertise, offering a unified service model for secure staking rewards. Galaxy will also act as a design partner to enhance BNY’s platform infrastructure. The launch of these staking services and infrastructure upgrades remains subject to regulatory review.