Bank & market adoption
FAB completes two-way custody transfer through Komainu for digital asset financing
Middle EastSource: First Abu Dhabi Bank
- First Abu Dhabi Bank (FAB) said on 3 November 2026 it has completed a two-way transfer of a portfolio of digital assets into and out of regulated custody through Komainu, a regulated digital asset custodian, with instantaneous settlement.
- FAB says the capability enables digital asset portfolios to be transferred as collateral for institutional financing transactions, including digital asset-backed repurchase agreements; its digital asset financing capabilities are already available to institutional clients and the bank is working towards its first transactions.
- The transfers operationalise FAB Global Markets’ collaboration with Komainu, integrating custody and connectivity with FAB’s existing infrastructure.
Why it matters
A large Gulf bank has connected third-party regulated crypto custody to its own systems to move digital assets as collateral, a building block for digital asset-backed repo and lending that FAB offers to institutional clients but has not yet executed.
Read the original: First Abu Dhabi Bank ↗
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More detail
Who is affected
FAB's institutional clients seeking financing against digital asset portfolios.
Key dates
- FAB announces completed two-way custody transfer through Komainu
What remains uncertain
- FAB says it is working towards its first financing transactions; none has been executed yet.
- The release does not name the assets, portfolio size or the custody jurisdiction.
Adoption status
- LiveFirst Abu Dhabi BankDigital asset financing infrastructure with regulated custody through Komainu (digital assets as collateral, e.g. repo)
Key facts
- Event
- Product launch
- Jurisdiction
- Middle East
- Source
- First Abu Dhabi Bank (press release via Zawya)
- Source tier
- Tier 2 · Bank / FMI
- Product
- Custody & trading
In the database
Institutions
How we verified this
The source says
“The transfer into and out of custody, with instantaneous settlement, marks the operationalisation of a key component of FAB’s institutional digital asset financing infrastructure.”
“The capability enables digital asset portfolios to be transferred as collateral, an important building block for institutional financing transactions including digital asset-backed repurchase agreements.”
“FAB's digital asset financing capabilities are already available to institutional clients, with the bank now working towards its first transactions.”
Verbatim from First Abu Dhabi Bank (press release via Zawya), matched word for word against the live page on 3 November 2026.
Sources
- Official institutionalFirst Abu Dhabi Bank (press release via Zawya) ↗2026-11-03T2Bank / FMI
Evidence
- Confidence
- Medium The institution’s own statement; quote string-matched. Proves what the institution says, not independent confirmation.
- Quote verified
- 2026-11-03 12:08 UTC
- Archived snapshot
- SHA-256
a856fe6ba039a1f3…· fetched 2026-11-03 · Wayback Machine copy ↗ - Source type
- Official institutional First Abu Dhabi Bank (press release via Zawya) ↗
Change log (1)
- 2026-11-03 Published
AI-assisted: the summary and analysis were drafted with AI from the primary source and checked by the editors. AI-drafted from the primary source; quote string-matched against the live source page.
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