Bank of New York Mellon Expands Digital Asset Custody Services in Abu Dhabi
SvmuuNews: The Bank of New York Mellon has partnered with Finstreet and the ADI Foundation to establish a regulated digital asset infrastructure in the Abu Dhabi Global Market. The initiative initially focuses on Bitcoin and Ethereum custody services, with plans to expand to stablecoins and tokenized assets in the future. The Bank of New York Mellon, currently managing $59 trillion in assets, is the world's largest custodian bank. Its Executive Vice Chairman, Hani Kablawi, stated that the bank is leveraging its scale advantage in capital markets to bridge traditional and digital financial ecosystems.
Source:Odaily · Source Link
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