Trump accounts go live on Robinhood, HOOD stock rises
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
Context
The program was announced and launched today with a public ceremony. The government will provide $1,000 seed money for children born 2025–2028. The accounts do not include crypto now, but the president said crypto inclusion could happen…
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