5 articles tagged with #abu-dhabi. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.
Iran's Islamic Revolutionary Guard Corps has threatened to destroy OpenAI's $30 billion Stargate data center under construction in Abu Dhabi if the US attacks Iran's power infrastructure. The threat was made public through an Iranian state-backed news outlet video showing satellite imagery of the UAE facility.
BNY Mellon has launched institutional custody services for Bitcoin and Ether from Abu Dhabi's ADGM financial hub in partnership with Finstreet and ADI. This expansion positions the region as a growing digital asset center and establishes infrastructure for future stablecoin and tokenized asset offerings.
BNY Mellon, the world's largest custody bank managing $59 trillion in assets, has expanded its cryptocurrency services in Abu Dhabi through partnerships with Finstreet and ADI Foundation to build digital asset infrastructure. This move signals institutional adoption of crypto services in the Middle East and strengthens BNY's positioning in the growing digital assets market.
Tether has backed UAE-based tokenization firm KAIO in an $8 million funding round to build blockchain infrastructure for distributing institutional funds onchain. The Abu Dhabi-regulated platform aims to lower entry barriers for investors by enabling tokenized Emirati funds on blockchain rails.
Ondo Finance's tokenized stocks platform operating on Binance has received regulatory approval in Abu Dhabi. This approval enables UAE-based financial institutions to trade tokenized equities through Binance's regulated trading venue.
