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BNY and BlackRock funnel billions through one infrastructure provider, exposing the fragile illusion of crypto diversification
By Gino Matos at 2026-10-04 20:13
Sentiment: Positive
BNY's Digital Asset Custody platform plans to provide institutional crypto staking support through Galaxy's infrastructure, the two firms said Aug. 4. BNY touches roughly 20% of the world's investable assets, with $62.6 trillion in assets under custody and administration as of June 30. Galaxy is one of three validator firms approved to stake Ethereum for […] The post BNY and BlackRock funnel billions through one infrastructure provider, exposing the fragile illusion of crypto diversification appeared first on CryptoSlate. Continue reading...
Categories: Enterprise
Tags: #Enterprise #Featured #Investments #Staking
Source CryptoSlate