According to CoinMeta, as reported by CryptoNewsFlash, BNY bank will enable a process through which customers do not need to transfer their assets out of the bank. Figment will provide the verification infrastructure for the digital asset custody platform of BNY. The service will initially support Ethereum, followed by the addition of Solana, and will be open to asset managers, ETF issuers, enterprises, and wealth managers. BNY is responsible for asset custody and customer service, while Figment provides expertise in verification and protocols. The person in charge of digital asset custody at BNY stated that the focus of institutions has shifted from whether it is possible to stake assets to how to do so effectively.