Brian Armstrong, CEO of Coinbase, said the firm will join the Trump Accounts program by matching the government’s $1,000 contribution for eligible employees’ children, with hopes the funds can be allocated in Bitcoin, signaling deeper crypto alignment with public policy.
The announcement places Coinbase among the first major crypto firms to support the initiative, which provides newborn Americans with seed capital to encourage long-term investing and financial literacy under President Donald Trump’s administration.
Armstrong confirmed the commitment in a post on X, stating Coinbase would match the Treasury’s $1,000 deposit for all qualifying children of employees, effectively doubling the starting balance to $2,000.
He added that Bitcoin would be his preferred asset for the contribution, reinforcing Coinbase’s stance that early exposure to digital assets can shape long-term financial outcomes.
Under the Trump Accounts program, all U.S. babies born between 2025 and 2028 qualify for the government-funded account. The funds are automatically invested in U.S.-based assets and held under parental custody until the child turns 18.
Once the child reaches adulthood, they can withdraw the funds or allow the account to continue compounding.
The program has already drawn high-profile backing, including a $6.25 billion pledge from Michael Dell and his wife, Susan, boosting its visibility among corporate leaders.
However, regulatory uncertainty remains. While government and charitable contributions are protected, additional parental deposits currently lack exemptions from federal gift tax rules.
The move comes amid a complicated policy backdrop for Coinbase. The company recently withdrew support for a Senate crypto market structure bill, delaying a key vote, though Armstrong described relations with the White House as “constructive.”
Coinbase shares dipped modestly in after-hours trading following the news, continuing a broader consolidation trend in the stock.
