BNY Mellon expands crypto custody services to Abu Dhabi

coindesk.com

BNY Mellon is expanding its cryptocurrency custody services to Abu Dhabi, partnering with local firms to build digital asset infrastructure. The Wall Street giant will initially offer custody for bitcoin and ether, with plans to include stablecoins and tokenized assets later. This move leverages Abu Dhabi's growing status as a digital asset hub. BNY Mellon's expansion into the UAE highlights the region's increasing importance in digital asset finance and the broader trend of traditional financial institutions embracing blockchain technology.


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BNY Mellon expands crypto custody services to Abu Dhabi | News Minimalist