BNY to Offer Staking Support on Its Digital Asset Custody Platform via Figment

Nov. 12: According to The Block, BNY (Bank of New York Mellon) has partnered with staking infrastructure provider Figment to support institutional staking services on BNY's digital asset custody platform through Figment's validator node infrastructure. Eligible asset managers, ETF issuers and other institutional clients will be able to stake the relevant assets they custody at BNY.