Morgan Stanley Taps Galaxy for Institutional Staking on Ethereum and Solana

Galaxy has partnered with Morgan Stanley to provide staking infrastructure for two new Ethereum and Solana exchange-traded products.

The Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL) will track the performance of ETH and SOL while passing staking rewards to shareholders.

Galaxy, one of three selected providers, will power staking for both products through institutional validators.

Morgan Stanley and Galaxy did not disclose how much of the funds' assets Galaxy is expected to manage.