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BNY Expands Digital Asset Custody Services to UAE, Managing $59 Trillion in Assets

GateNews

2026-05-07 05:35:03

BTC-1.24%

ETH-3.42%

According to BlockBeats, BNY announced today that it is expanding its digital asset custody services to the United Arab Emirates through partnerships with Finstreet and ADI Foundation. The initiative will build regulated digital asset infrastructure within Abu Dhabi Global Market (ADGM), a financial free zone that has become a hub for crypto enterprises entering the Middle East region.

The custody services will initially focus on Bitcoin and Ethereum, with plans to extend to stablecoins and tokenized assets in the future.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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