BNY will run staking through Figment's validator infrastructure on its existing Digital Asset Custody platform. ETH will initially be supported, followed by SOL, a Figment spokesperson told The Block; the companies did not specify a launch date. Eligible asset managers, ETF issuers, corporates and wealth management firms can earn staking rewards on supported assets held with BNY. Figment says it serves more than 1,500 institutions; its Coinbase Prime partnership had enabled more than $2 billion in staked assets by October 2025, the firms said.

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