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BNY expands crypto custody push in Abu Dhabi

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The Block Editorial
(09:23 AM UTC)
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Verified byJames Mitchell
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The Bank of New York Mellon (BNY) is expanding its crypto custody business to the UAE, as the Wall Street banking giant continues its push into the crypto sector.

In a statement released Thursday, BNY said it has partnered with Finstreet and ADI Foundation to offer institutional-grade crypto custody services in the Abu Dhabi Global Market.

Through the partnership, the trio plans to initially…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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