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CryptoMAG 7Bullish
•
2026-08-04•1 min read

BNY Mellon Plugs Into Crypto Staking With Galaxy Digital Partnership

Zubiqo Take
QuoteThreads

"Legacy banks are finally realizing they can't just hold crypto for a fee; they actually have to plug into yield-generating networks or the institutional capital just walks."

BNY Mellon Plugs Into Crypto Staking With Galaxy Digital Partnership
📷 Image Source: Watcher Guru

Executive Summary

  • •Institutional clients get staking integrated directly with BNY's existing custody, fund accounting, and tax reporting.
  • •The service merges BNY's operational safeguards with Galaxy's Proof-of-Stake network expertise.
  • •Galaxy also acts as a design partner to upgrade BNY’s underlying digital asset platform.

Community Sentiment

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Key Developments & Data

BNY Mellon $BNY adds institutional crypto staking with Galaxy Digital $GLXY. Institutional clients get staking integrated directly with BNY's existing custody, fund accounting, and tax reporting. The service merges BNY's operational safeguards with Galaxy's Proof-of-Stake network expertise. Galaxy also acts as a design partner to upgrade BNY’s underlying digital asset platform. "The future of financial markets will be built on open, programmable rails, and the institutions that move first will define the era that follows." — Steve Kurz
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#crypto#staking#bnymellon#galaxy
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Event Magnitude7 / 10

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