# BNY Mellon will offer crypto asset custody in Abu Dhabi, the UAE.

*fintech · news · 2026-05-07 · CoinGape*

## Key points

- BNY Mellon will offer crypto asset custody in Abu Dhabi Global Market through a new collaboration.
- BNY is the first U.S. global systemically important bank to provide crypto custody in the Middle East.
- The partnership integrates Finstreet’s digital ecosystem with ADI Foundation’s sovereign-grade blockchain infrastructure.
- Future plans include expanding custody services to stablecoins, tokenized real-world assets, and regulated digital instruments.
- BNY's move is aligned with the UAE's ambition to become a global center for digital finance.

**Companies:** BNY Mellon, Finstreet Limited, ADI Foundation
**Countries:** United Arab Emirates

[Read the full story on CoinGape](https://coingape.com/bny-mellon-to-launch-bitcoin-and-ethereum-crypto-custody-in-uae/)

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