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BNY UAE Crypto Custody Expansion

Sector: Capital Markets • Location: United Arab Emirates

Source: Simply Wall St

Project
Planned

Bank of New York Mellon Corporation announced a partnership with Finstreet Limited and ADI Foundation to offer Bitcoin and Ethereum custody services in the UAE, with plans to expand to regulated stablecoins, tokenized real-world assets, and other digital instruments. This extends BNY's digital asset capabilities into a jurisdiction aiming to be a global digital finance hub, adapting traditional cu

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Project Information

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The project “BNY UAE Crypto Custody Expansion” is an infrastructure initiative in the Capital Markets sector, located in United Arab Emirates. Taiyo aggregates data on it from Simply Wall St.

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Participants

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Status

Original status

planned

Taiyo status

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Email

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Description

Description

Bank of New York Mellon Corporation announced a partnership with Finstreet Limited and ADI Foundation to offer Bitcoin and Ethereum custody services in the UAE, with plans to expand to regulated stablecoins, tokenized real-world assets, and other digital instruments. This extends BNY's digital asset capabilities into a jurisdiction aiming to be a global digital finance hub, adapting traditional custody infrastructure to support institutional crypto adoption.

Original sub-sector

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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