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Digital asset custody stories

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

Subtopics

Crypto1 Crypto custody regulation1 Institutional crypto adoption1 US crypto regulation1

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