$BNY

2 stories mentioning BNY

Every FINWIRES story that references BNY, newest first.

Cantor Equity Partners II's Proposed Merger Partner Securitize Expands Tokenized Fund to Solana

Securitize, which has announced a proposed business combination with Cantor Equity Partners II (CEPT), has expanded its Securitize Tokenized AAA CLO Fund to Solana, the company said Friday.Ethena Labs also plans to allocate $250 million to the fund, Securitize said.The tokenized fund, which is dedicated to AAA-rated collateralized loan obligations, was developed in collaboration with Bank of New York Mellon (BNY), which serves as the custodian for the fund's underlying assets, according to the statement.Eligible investors are able to subscribe to the fund through Securitize's regulated platform, with shares issued as digital securities, the statement said.Price: $11.71, Change: $-0.05, Percent Change: -0.43%

$BNY$CEPT

Wire17d ago

Robinhood Markets Says Trump Accounts App Available Ahead of July 4 Launch

Robinhood Markets (HOOD) said the official Trump Accounts app is now available for download ahead of the tax-advantaged investment accounts' July 4 launch.Eligible US children born from 2025 to 2028 will qualify for a $1,000 initial contribution from the Treasury Department, the company said Thursday in a statement.Family members and employers can collectively contribute up to $5,000 per year with money automatically invested in a default low-cost index fund, the company said.Account holders will assume control of the assets at age 18 subject to traditional individual retirement account rules, Robinhood said.The Trump Accounts app, available in Apple (AAPL) and Alphabet's Google (GOOG) app stores, was built in partnership with Bank of New York Mellon (BNY) and Robinhood, CNBC reported Thursday, citing a Treasury spokeswoman.Robinhood shares rose 9.1% in Thursday trading, and Bank of New York Mellon gained 0.7%.Price: $83.16, Change: $+6.93, Percent Change: +9.09%

$BNY$HOOD