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May 7, 2026

BNY Expands Digital Asset Custody Services to UAE Through Local Partnerships

BNY, the world's largest custodian bank with nearly $59 trillion in assets, is expanding its digital asset custody services into the UAE through local partnerships as institutional demand for secure custody in the region surges.

May 7, 2026·2 sources
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Top claims

  • ▪Digital asset custody has evolved into the critical middleware of the future financial system that allows trillions of dollars in traditional assets to migrate onto the blockchain.
  • ▪Dominic Longman is the managing director of Middle East and Africa at Zodia Custody.
  • ▪BNY is expanding its digital asset custody services into the UAE through local partnerships.

Topics

Institutional crypto adoptionDigital asset custodyCrypto custody regulationUS crypto regulationCrypto

Related entities

United Arab Emirates

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