Story thread · 14 reports / 10 sources

BNY and BlackRock funnel billions through one infrastructure provider, exposing the fragile illusion of crypto diversification

cryptoslate.com · 5dShare

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 .

First report: BNY to add crypto staking to digital asset custody platform — coindesk.com, 7d