BNY Mellon will launch digital asset custody services in Abu Dhabi Global Market

Jinse Finance reported that BNY Mellon has announced the launch of compliant, institutional-grade digital asset custody services in the Abu Dhabi Global Market (ADGM), aiming to promote Abu Dhabi as a global digital finance center. The goal is to provide institutional clients with highly secure and scalable digital asset custody solutions. Initially, the service will support the custody of Bitcoin and Ethereum, with future phases expanding to include stablecoins, tokenized real-world assets (RWA), and more regulated digital financial products. The project still requires final agreement confirmation and relevant regulatory approvals.