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BNY expands crypto custody push in Abu Dhabi

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The Block Editorial
(09:23 AM UTC)
1 min read
JM
Verified byJames Mitchell

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…

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