Galaxy Will Match $1,000 Contribution for Employees' Kids

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Mike Novogratz, CEO of Galaxy Digital Inc., pledged on Monday that the corporate will match the federal authorities’s preliminary $1,000 funding to the “Trump Accounts” program for eligible kids of workers.

Novogratz Hails ‘Trump Accounts’ Initiative

Novogratz, who was current in the course of the White Home launch of the initiative, stated he is at all times “enthusiastic about investing sooner or later,” which is why his agency plans to match the federal government’s contribution greenback for greenback.

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“2,000 complete off the bat. That is what entry appears to be like like,” Novogratz stated. “Proud to be a part of this historic program.”

Proud to be a part of this historic program and glad to be within the room for the White Home launch. I’m at all times enthusiastic about investing sooner or later and that is why we at $GLXY are matching the federal government’s $1,000, greenback for greenback, for each worker’s little one.

$2,000 complete off… https://t.co/wEK0mEgXvj

— Mike Novogratz (@novogratz) July 6, 2026

President Donald Trump introduced the funding of the primary 500,000 “Trump Accounts” on Monday with an preliminary $1,000 contribution for eligible kids born between 2025 and 2028.

The initiative is designed to assist households construct long-term wealth by giving kids an early stake within the inventory market. Dad and mom, kinfolk and employers could make further contributions over time.

Following Coinbase, Galaxy Makes Its Transfer

Galaxy Digital focuses on cryptocurrency, blockchain infrastructure, synthetic intelligence and high-performance computing, whereas CEO Novogratz is without doubt one of the most vocal and influential Bitcoin bulls.

However Galaxy will not be the primary cryptocurrency firm to help the Trump Accounts initiative. Earlier this yr, Coinbase World Inc. CEO Brian Armstrong additionally dedicated to matching the $1,000 contribution for workers’ kids.

Curiously, when a reporter requested whether or not Bitcoin can be added to the Trump Accounts sooner or later, Trump replied that “one thing may occur in that regard” as nicely.

Moreover cryptocurrency corporations, a number of different Wall Avenue giants have additionally backed the Trump Accounts program.

Micron Know-how Inc. dedicated $250 million to the initiative final week, following related matching contribution initiatives from Dell Applied sciences Inc., SoFi Applied sciences Inc. and JPMorgan Chase & Co.

Picture by way of Shutterstock/ ibragimova

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