BNY is bringing staking into its bank-grade crypto custody, tapping Figment's validators to do it.
Figment said on November 12, 2026 that it is working with BNY so eligible institutions, including asset managers, ETF issuers, corporates and wealth firms, can stake supported assets held on BNY Digital Asset Custody and earn rewards without moving them to another platform. $ETH comes first, with $SOL expected to follow, according to a Figment spokesperson. No launch date was given.
BNY says client assets stay inside its custody framework, while Galaxy and Figment run validator infrastructure under the bank's oversight. Figment says it serves more than 1,500 institutions. BNY first opened digital asset custody in October 2022 with bitcoin and ether, and expanded its Ripple custody deal to XRP and RLUSD in October 2026.
#Staking #Ethereum #Solana
DYOR. Not financial advice.
Figment said on November 12, 2026 that it is working with BNY so eligible institutions, including asset managers, ETF issuers, corporates and wealth firms, can stake supported assets held on BNY Digital Asset Custody and earn rewards without moving them to another platform. $ETH comes first, with $SOL expected to follow, according to a Figment spokesperson. No launch date was given.
BNY says client assets stay inside its custody framework, while Galaxy and Figment run validator infrastructure under the bank's oversight. Figment says it serves more than 1,500 institutions. BNY first opened digital asset custody in October 2022 with bitcoin and ether, and expanded its Ripple custody deal to XRP and RLUSD in October 2026.
#Staking #Ethereum #Solana
DYOR. Not financial advice.
