TechFlow News, May 7: According to The Block, BNY (NYSE: BK) announced on May 7 that it will expand its crypto custody services to the Abu Dhabi Global Market (ADGM) in the UAE through a collaboration with Finstreet and the ADI Foundation. The service, initially targeting institutional clients, will support custody of BTC and ETH. Going forward, the three parties will explore extending the offering to the ADI Foundation’s underlying blockchain infrastructure and gradually expanding into stablecoins, tokenized real-world assets, and other regulated digital instruments.
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