BNY Mellon is bringing its digital asset services to Abu Dhabi, allowing institutional clients to securely store cryptocurrencies like Bitcoin and Ethereum. They’re partnering with local firms Finstreet and ADI Foundation and will operate under the regulations of the Abu Dhabi Global Market (ADGM). While starting with Bitcoin and Ethereum, BNY Mellon plans to eventually include stablecoins and other digital assets. This expansion, backed by BNY Mellon’s $59 trillion in managed assets, demonstrates the increasing demand for secure and regulated crypto services from institutions in the Middle East.
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2026-05-07 09:54