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August 4, 2026

BNY and Galaxy Collaborate to Advance Digital Asset Infrastructure

The relationship pairs the strengths of an onchain infrastructure leader with the scale of a trusted leading global financial institution to expand digital asset services

NEW YORK, August 4, 2026BNY (NYSE: BNY), a global financial services company, today announced a strategic collaboration with Galaxy, a global leader in digital assets and data center infrastructure, to further advance digital asset infrastructure for institutional markets, including support for staking, a process that allows eligible digital assets to earn rewards, on BNY’s Digital Asset Custody platform. This will bring together Digital Asset Custody and staking within a single institutional servicing model.


The combination of BNY’s Digital Asset Custody platform with Galaxy’s expertise in proof-of-stake network aims to provide clients with an integrated, institutional-grade experience for participating in staking through a secure, streamlined workflow. In addition to staking, Galaxy is serving as a design partner to further BNY digital asset platform infrastructure. BNY’s offering of staking and related infrastructure enhancements are subject to regulatory review.


“As digital assets continue to evolve, clients want more than safekeeping alone — they want a broader set of capabilities delivered through an institutional-grade model,” said Carolyn Weinberg, Chief Product and Innovation Officer at BNY. “Our work with Galaxy – an early client of BNY’s Digital Asset Custody platform – reflects our strategy of building the financial infrastructure of the future while continuing to expand our digital asset capabilities. With the addition of staking, we will be providing clients with a more comprehensive digital asset custody offering built on the governance, controls and resiliency they expect from BNY.”

Via BNY

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