BNY has partnered with Figment to integrate validator infrastructure into its Digital Asset Custody platform, enabling eligible institutional clients to stake assets held in custody and earn blockchain rewards without transferring them. Eligible users include asset managers, exchange-traded fund issuers, corporations and wealth management firms. The service will initially support ETH, with SOL planned for a later expansion, and no launch timeline was disclosed. BNY held approximately $62.6 trillion in assets under custody as of June 30, 2026, while Figment oversaw more than $18 billion in staked assets across over 1,500 institutional clients and 30 protocols. Announced on Thursday and on or around November 12, 2026, the arrangement is BNY’s second staking partnership of the year after an August agreement with Galaxy Digital and part of its broader digital-asset expansion, including tokenized deposits and European Union custody solutions regulated under MiCA.