New York Mellon Bank to Expand Crypto Custody Business to Abu Dhabi, Initially Supporting BTC and ETH

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2026-05-07 09:28

BlockBeats News, May 7th, BNY announced that it will expand its cryptocurrency custody business to the global market in Abu Dhabi, UAE through a partnership with Finstreet and ADI Foundation, providing cryptocurrency custody services for institutional clients. Initially, the service will support BTC and ETH custody. The three parties will also explore extending the service to ADI Foundation's underlying blockchain infrastructure and gradually expanding to stablecoins, real-world asset tokenization, and other regulated digital assets.

Fuente:BlockBeats

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