According to CoinDesk, BNY Mellon, the world's largest custody bank with $59 trillion in assets under management, has announced a partnership with Finstreet and the ADI Foundation to launch digital asset custody services in the UAE under the regulatory framework of the Abu Dhabi Global Market (ADGM). The initial focus will be on custody services for Bitcoin (BTC) and Ethereum (ETH), with plans to later expand to stablecoins and tokenized assets.