Robinhood CEO: Operate “Trump Accounts” and Why Trading Isn't Necessarily Gambling According to NYT, Robinhood CEO Vlad Tenev said in an in…
Robinhood CEO: Operate “Trump Accounts” and Why Trading Isn't Necessarily Gambling
According to NYT, Robinhood CEO Vlad Tenev said in an interview that the company is working with the U.S. government to operate “Trump Accounts,” investment accounts designed for children born between 2025 and 2028. Responding to criticism that Robinhood may encourage younger generations to “gamble,” Tenev said trading in any form should not simply be defined as gambling.
He emphasized that speculation is essential to financial markets, as markets would not function without speculators making predictions about future prices. Tenev said Robinhood is working to move beyond its “meme stock” image and aims to become a one‑stop financial platform covering all asset classes and financial transactions globally. He also revealed that more than 90% of his personal net worth is invested in Robinhood shares.
More from Frens Market Feeds
- Sat, 18 Jul 2026 22:48:00 GMTMichael Saylor Opposes BIP 110, Says Bitcoin Needs “Guardians of Neutrality” Strategy Executive Chairman Michael Saylor published an articl…
- Sat, 18 Jul 2026 14:35:17 GMTRobinhood CEO: Operate “Trump Accounts” and Why Trading Isn't Necessarily Gambling According to NYT, Robinhood CEO Vlad Tenev said in an in…
- Sat, 18 Jul 2026 12:50:21 GMTCobie: Coinbase Has Long Been Distant From Crypto-Native Users KOL Rune asked Coinbase trading product lead Cobie how the Base App plans to…
- Sat, 18 Jul 2026 05:26:24 GMTSpot Bitcoin and Ethereum ETFs Record $132M and $36.73M in Net Inflows According to SoSoValue data, on July 17 (ET), spot Bitcoin ETFs reco…
- Sat, 18 Jul 2026 03:47:17 GMTHighlight Clip Tom Lee: Ethereum Will Penalize Impatient Investors Tom Lee: Ethereum Will Penalize Impatient Investors On July 7, 2026, Tom…
- Fri, 17 Jul 2026 23:50:53 GMTConsensys Says North Korea-Linked Developer Contributed to MetaMask Code Before Access Was Revoked According to Drop Site News, blockchain…
- Fri, 17 Jul 2026 23:43:51 GMTFTX to Distribute About $900 Million to Creditors in Fifth Payout on July 31 FTX will begin its fifth creditor distribution on July 31, pay…
- Fri, 17 Jul 2026 22:29:06 GMTOdds Anthropic IPOs This Year At 77%, Whilst The Odds Of It Hitting $2T This Year Slide To 35% Following Release Of Kimi K3: Polymarket