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Kraken to fund ‘Trump accounts’ for ‘every child born in Wyoming in 2026’

Kraken will sponsor a "Trump Account" for every child born in Wyoming in 2026, supporting a federal savings program under the Working Families Tax Cut that provides $1,000 from the U.S. Treasury to eligible newborns. Announced by Senator Cynthia Lummis, the initiative aims to help families build long-term savings, with funds locked until the child turns 18. Kraken's Co-CEO Arjun Sethi described it as an investment in Wyoming’s future, reflecting the state’s crypto-friendly policies. The move coincides with volatility in Trump-linked crypto tokens, highlighting the growing intersection of politics, crypto, and celebrity influence.

ambcrypto02/18 06:00