Ken Griffin’s $3B donation to Carnegie Mellon is a setback for NYC
Ken Griffin, the CEO of Citadel, recently made headlines with a remarkable donation of $3 billion to Carnegie Mellon University, specifically for a new campus in Miami. This move came just a few months after Mayor Zohran Mamdani called on him to advocate for a tax on pied-à-terre properties, and it’s being viewed as a […]
Who is Timothy Mellon, the billionaire said to have given $130M to support troops?
A recent report revealed that the anonymous donor who contributed $130 million to help the Pentagon cover military salaries during the government shutdown is billionaire Timothy Mellon, as reported by The New York Times. The 83-year-old, hailing from Saratoga, Wyoming, has a history of financial support for President Trump and various Republican initiatives. During a […]
Timothy Mellon revealed as the donor supporting US troops during the shutdown, according to a report.
Anonymous Donor Revealed as Timothy Mellon A reclusive billionaire, Timothy Mellon, has been identified as the anonymous donor who contributed $130 million to the Pentagon to support military pay during the recent government shutdown, according to reports. President Donald Trump announced the donation on Thursday but chose not to disclose who the donor was, referring […]
Timothy Mellon Revealed as Donor of $130 Million to Support U.S. Troops
Timothy Mellon, a private billionaire known for his support of Donald Trump, has been revealed as the anonymous contributor behind the $130 million donation meant to assist U.S. military personnel during the ongoing government shutdown. This substantial donation was made as the shutdown stretches into its fourth week, prompting a request from the Department of […]
Wealthy donor who contributed $130 million to support soldiers is revealed to be billionaire heir Timothy Mellon.
Timothy Mellon, a billionaire with ties to a well-known American banking lineage, has made headlines recently after donating $130 million to support the U.S. military during the government shutdown. A report from the New York Times revealed that Mellon was the anonymous source of this significant funding. This week, President Trump acknowledged the donation, referring […]
Goldman Sachs and BNY Mellon Work Together on Tokenized Money Market Offering
Simply put BNY Mellon and Goldman Sachs are joining forces to create tokenized Money Market Fund (MMF) products. This initiative will enable fund managers to buy MMF shares that will earn tokenized equivalents. The aim is to enhance the usefulness and transferability of MMF stocks. Large financial institutions BNY Mellon and Goldman Sachs are collaborating […]
BNY Mellon will manage Ripple’s new stablecoin as interest in cryptocurrency among institutions grows.
BNY Mellon Partners with Ripple for Stablecoin Reserves In an announcement made on Wednesday, BNY Mellon stated that it will be the primary custodian of Ripple’s USD-backed Stablecoin reserves. This collaboration aims to enhance regulatory compliance with Ripple USD (RLUSD), particularly to boost institutional confidence in both the company and the burgeoning Stablecoin sector. BNY […]