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BNY Expands Crypto Custody to Abu Dhabi With Finstreet and ADI Partnership
BNY — the world’s largest custody bank, overseeing $59 trillion in assets — is expanding its digital-asset custody business to the United Arab Emirates through Abu Dhabi-based partners Finstreet and ADI Foundation. The initial service will custody Bitcoin (BTC) and Ethereum (ETH), with stablecoins and tokenised real-world assets explicitly on the expansion roadmap. The build will sit inside the Abu Dhabi Global Market (ADGM) regulatory perimeter — moving institutional crypto custody from “available in Western markets” to “available in regulated Middle East venues with a US-bank-grade balance sheet ... (full story)