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Evidence record

BNY says Galaxy and Figment provide validator infrastructure for staking on its Digital Asset Custody platform

Read the item · published 2026-11-12

Evidence

Confidence
Medium The institution’s own statement; quote string-matched. Proves what the institution says, not independent confirmation.
Quote verified
2026-11-13 11:59 UTC
Archived snapshot
SHA-256 e1a8bfffadd7b4207a9ef5cc2518ebc2d015ea6de344a71938ed6aeeb2d73aff · fetched 2026-11-13 · Wayback Machine copy ↗
Source type
Official institutional BNY (insight article) ↗
Saved excerpt around the quote (source text, 2026-11-13)
… remain intact. Clear accountability matters . Institutions should understand who safeguards their assets, oversees staking providers and takes responsibility when operations are tested. BNY combines institutional oversight with blockchain expertise . Client assets remain within BNY's custody framework, while Galaxy and Figment provide validator infrastructure under BNY oversight. BNY brings institutional-grade custody to staking . As the first U.S. G-SIB to offer Digital Asset Custody, BNY extends its established security, risk management, operational resilience and third-party oversight framework to staking. Staking may beg …
Change log (1)
  1. 2026-11-13 Published

Verified quotes

  • “Client assets remain within BNY’s custody framework, while Galaxy and Figment provide validator infrastructure under BNY oversight.”
  • “As the first U.S. G-SIB to offer Digital Asset Custody, BNY extends its established security, risk management, operational resilience and third-party oversight framework to staking.”
  • “But staking introduces additional dependencies, including validator infrastructure, reward payment settings, access controls and incident response.”

String-matched against https://www.bny.com/corporate/global/en/solutions/platforms/digital-assets/why-the-institution-behind-your-staking-matters.html by our verifier before every deploy.

AI-drafted from the primary source; quote string-matched against the live source page · AI-assisted