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BNY: Partnership
BNY (Bank of New York Mellon) announced strategic collaboration with Finstreet Limited and ADI Foundation to build regulated, institutional-grade digital asset custody infrastructure in Abu Dhabi Global Market (ADGM). This is the first time a US globally systemically important bank has brought crypto custody to this jurisdiction.
Source: Bitcoinist
The leadership read
Alliances like this can broaden the sector commercial leadership bench strength.
Market context: Backdrop: a 111.2 (Hot) Talent Market Index (up 5.2 on the month) with Americas activity rising (+6.3pts).
BNY: 2 signals in the last 90 days; 0.1% of MitchelLake's Americas signal flow; 2 tracked across 46 days.
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