Institutional Investors
The Bank of New York Mellon, the world's largest custodial bank, plans to introduce tokenized deposits targeted at institutional investors. This move aims to mirror deposit balances on a private blockchain, enhancing settlement speeds and liquidity access.
Reported by AI
Two institutional investors, Zevenbergen Capital Investments LLC and Surience Private Wealth LLC, significantly cut their stakes in Tesla during the third quarter, according to recent SEC filings. Zevenbergen sold 100,876 shares, reducing its position by 10.5%, while Surience divested 5,018 shares, slashing its holding by 52.4%. These moves come amid recent insider sales and mixed analyst sentiments on the electric vehicle maker.
October 20, 2025 00:03