BNY, world's largest custody bank, expands crypto services in Abu Dhabi
BNY, the world's largest custody bank overseeing $59 trillion in assets, is launching digital asset custody services in Abu Dhabi via partnerships with Finstreet and ADI Foundation. The initiative will initially cover bitcoin and ether, expanding later to stablecoins and tokenized assets. The move reflects the UAE's push to become a global tokenized finance hub and institutional crypto adoption momentum.
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