BNY Mellon Integrates Figment to Offer Staking Services

BNY Mellon will utilize Figment's validator infrastructure to support its staking services. Eligible institutional clients can stake related assets through the bank's digital asset custody services and earn staking rewards. The service will cater to asset management firms, ETF issuers, corporations, and wealth management companies. Initially, the service will support ETH, followed by SOL, with specific launch dates yet to be announced.

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