BNY Taps Figment for Institutional Staking Custody
Figment will provide validator infrastructure for institutional staking through BNY's existing Digital Asset Custody service.
BNY has integrated Figment to support institutional staking on its digital asset custody platform, according to TheBlock. Under the partnership, Figment will provide the validator infrastructure for institutional staking through BNY's existing Digital Asset Custody service.
Infrastructure Support
Instant Telegram notifications for large on-chain moves.
The collaboration aims to expand institutional access to staking capabilities within a regulated custody framework. Figment's validator infrastructure will directly support BNY's digital asset offerings.
Key facts
- Partner: Figment provides validator infrastructure.
- Platform: BNY Digital Asset Custody service.
- Focus: Institutional staking support.
Source: theblock.co
This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.
