Robinhood(US:HOOD) Jin Rong Jie·2026-01-30 10:03Core Insights - The U.S. government plans to designate Robinhood as a trustee for the "Trump Account" program, which will connect millions of newborns to the platform from birth [1] - The "Trump Account" is part of the "Big and Beautiful" Act established in 2025, providing $1,000 in initial investment funds for children born between 2025 and 2028, with funds directed to low-fee U.S. stock funds [1] - The projected account balances at age 18, based on different annualized return scenarios, could reach $2,577, $5,839, and $21,229 for the initial $1,000 investment, and up to $180,000, $300,000, and $730,000 for maximum contributions [1] Group 1 - Robinhood has initiated internal preparations to become the trustee for the "Trump Account" program, with major fund management companies like Fidelity and Vanguard not currently on the candidate list [2] - The U.S. Treasury is expected to announce the selected brokerage firms soon, with a maximum of three institutions serving as trustees in the initial phase [2] - The competition for this program will begin in the summer of 2025, with Robinhood's CEO expressing the company's active involvement in the process [2] Group 2 - In addition to government funding, several wealthy individuals and companies are contributing to the account funds, including Michael Dell and his wife, who donated $6.25 billion for 25 million children [3] - The U.S. Treasury has launched a "50 State Challenge" to encourage local wealthy individuals to donate to the "Trump Account" [3] - Companies like JPMorgan, Bank of America, and Coinbase have also announced plans to contribute to the accounts for their employees' children, with employers allowed to contribute up to $2,500 annually [3]