BNY, managing approximately $59 trillion in assets under custody and administration, is extending its digital asset custody services to the UAE. According to NS3.AI, this expansion is in collaboration with local partners Finstreet and ADI Foundation within the Abu Dhabi Global Market, a financial free zone attracting crypto firms and blockchain projects. Initially, the focus will be on providing custody for Bitcoin and Ether, with future plans to include stablecoins and tokenized assets.
