ARK buys $13M in Robinhood as US Treasury taps platform for Trump Accounts
By Cointelegraph by Amin Haqshanas
Cathie Wood's ARK Invest purchased $13 million in Robinhood shares after the US Treasury selected the platform to operate government-backed 'Trump Accounts' for youth savings and investment. This move underscores ARK's bullish stance on Robinhood amid its new role in official financial programs.
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