BNY Mellon partners with Finstreet, ADI Foundation on UAE digital asset custody

Bank of New York Mellon Corp

Bank of New York Mellon Corp

BK

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  • BNY Mellon entered strategic collaboration with Finstreet, subsidiary of IHC, and Abu Dhabi-based ADI Foundation to build regulated, institutional-grade digital asset custody for UAE clients, anchored in Abu Dhabi Global Market.
  • Initial rollout targets custody for Bitcoin and Ethereum for Finstreet clients, with scope later expanding to stablecoins and tokenized real-world assets.
  • Collaboration aims to localize BNY Mellon digital asset custody capabilities in Abu Dhabi, positioning platform as core infrastructure linking traditional capital markets activity with regulated digital assets.
  • Work remains subject to definitive agreements and required regulatory approvals.


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