CryptoMedium

BNY partners with Figment on institutional ETH staking

The $2.2 trillion bank is reportedly bringing Ethereum staking to institutional clients.

Ether (ETH/USDT)
$1,851 −3.3% · 3 mo
$1,811$2,309$2,80717 Aug1 Oct 2614 NovThis story
Daily candles (UTC). Source: Binance.
$2.2 trillionBNY size, per the story

Confirmed

  • BNY is partnering with staking provider Figment
  • The partnership is meant to bring Ethereum staking to institutional clients

Not yet known

  • Unconfirmed: whether BNY or Figment has formally announced the partnership
  • Whether the Ethereum staking service has launched or when it will start

What we know

BNY, with $2.2 trillion in assets, is reportedly partnering with Figment to offer ETH staking to institutional clients, per a social post (not independently confirmed here).

How the story developed

14 Nov · 18:26 UTC

The $2.2 trillion bank is reportedly bringing Ethereum staking to institutional clients.

14 Nov · 17:54 UTC

The $2.2 trillion bank BNY is partnering with staking provider Figment to bring ETH staking to institutional clients.

What people are posting

Posts on X this story draws on. They are individual users' views and have not been verified by Global Eye 24.

@fundstrat

“BNY partners with Figment to bring Ethereum ETH staking to institutional clients”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.