The custody bank, managing $59 trillion in assets, partners with Finstreet and ADI Foundation to expand digital asset infrastructure.
BNY Mellon has expanded its cryptocurrency services in Abu Dhabi through a partnership with Finstreet and the ADI Foundation. The move targets digital asset infrastructure in the region, leveraging the bank’s role as the world’s largest custody institution with $59 trillion in client assets under management.
The expansion follows growing demand for regulated crypto services among institutional clients. BNY Mellon previously launched digital asset custody in the U.S. and Europe, positioning Abu Dhabi as a key hub for its global crypto strategy.
No immediate market reaction was reported following the announcement.