BNY Mellon Brings Bitcoin and Ether Custody to Abu Dhabi
BNY Mellon will offer institutional custody for Bitcoin and Ethereum through operations anchored in Abu Dhabi’s financial center, giving large investors a regulated TradFi-grade route into BTC and ETH. The service leans on the bank’s custody scale, about $59 trillion under custody, and its partnerships in the region to target institutions that require stronger oversight, […]
Mubadala Capital partners with KAIO to explore on-chain RWAs via proof-of-concept for tokenized private-market access
Abu Dhabi’s Mubadala Capital has launched an exploratory partnership with KAIO to evaluate on-chain RWAs, aiming to test tokenized access to private-market investment strategies for qualified institutional and accredited investors. The initiative is structured as a proof-of-concept to assess KAIO’s compliant infrastructure and its suitability for institutional allocation into tokenized private assets.