Trump accounts go live on Robinhood, HOOD stock rises

2 min read

The Trump Accounts program officially launched on Robinhood today with a White House ceremony in which President Trump rang the Nasdaq and NYSE opening bells and partners Robinhood and BNY Mellon were named. The initiative starts with a $1,000 federal seed for children born 2025–2028 and includes private contributions such as Michael Dell's stated $6.25 billion pledge to 25 eligible American children. Robinhood stock rose to around $114, up about 2% on the day and over 13% in five days, even as bitcoin fell below $62,000; critics said the seed is debt-funded.

Robinhood partners on Trump Accounts program with $1,000 seed per eligible child