fintech / news / / CoinGape
BNY Mellon will offer crypto asset custody in Abu Dhabi, the UAE.
BNY Mellon will offer crypto asset custody in Abu Dhabi Global Market through a new collaboration.
KEY POINTS
- 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
Summarized by Newsio from CoinGape. How we summarize →