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Robinhood secures new revenue stream via Treasury deal
short by / on Monday, 6 April, 2026
Robinhood (HOOD) stock rose after the US Treasury tapped the firm to help build out Trump Accounts alongside Bank of New York Mellon. Robinhood will act as the brokerage provider and initial trustee. This partnership provides a new fee-based revenue stream for the company, offering a potential boost amid recent crypto market slowdowns and analyst concerns.
read more at Stocktwits