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CryptoMediumUpdated×4•Originally published 7 May 2026•Updated 7 May 2026•

1 min read

BNY Expands Digital Asset Services in Abu Dhabi to Boost Institutional Infrastructure

Key Facts

1BNY, the world's largest custody bank, has expanded its cryptocurrency and digital asset services in Abu Dhabi.

BNY, the world's largest custody bank, has officially expanded its digital asset services in Abu Dhabi, identifying Bitcoin (BTC) and Ethereum (ETH) as core supported assets. This operational expansion is being facilitated through strategic partnerships with Finstreet and the ADI Foundation to bolster the local digital ecosystem. The move aligns with the regulatory framework of the Abu Dhabi Global Market (ADGM) to foster secure institutional investment. Beyond BTC and ETH, BNY plans to eventually include stablecoins and tokenized real-world assets (RWAs) in its service suite. This collaboration reflects a broader strategy to integrate digital assets into traditional financial infrastructure through local expertise. The involvement of major partners alongside a global custodian signals a significant step forward for institutional adoption in the Gulf region.

28 days ago

Version History

2 additional sources confirmed this story

Version 428 days ago

What changed: Added details regarding the specific partnerships with Finstreet and ADI Foundation facilitating the expansion.

Version 328 days ago

What changed: The story was updated to include the official timing of the announcement (Thursday) and confirm the formal status of the initiative's launch.

Version 228 days ago

What changed: The story was updated to include the bank's future plans to expand into stablecoins and tokenized real-world assets (RWAs).

Version 128 days ago

What changed: The story was updated to specify Bitcoin (BTC) and Ethereum (ETH) as the digital assets included in the new custody services.