BK · News · 20260807N

Acquisition / Partnership / Divestiture

BK · 2026-08-07 · Importance 34 · Surprise 42

BNY Mellon is partnering with Galaxy Digital to add cryptocurrency staking to its Digital Asset Custody platform for institutional clients. Eligible clients will be able to earn rewards on proof-of-stake networks without moving assets off BNY’s platform. The planned framework will combine custody, staking, fund accounting, and tax reporting, while Galaxy will act as a design partner for BNY’s broader digital-asset infrastructure. The service remains subject to regulatory approval, and eligible cryptocurrencies and fee structures have not yet been disclosed.

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