Trump account set to launch soon, but account migration services not yet available (金十数据APP)

According to sources familiar with the matter, the Trump administration is expected to launch the "Trump Account" next week, but there is currently no mechanism in place allowing enterprises to host child savings accounts on their platforms. Institutions such as Chime, Empower, Fidelity, and SoFi had initially hoped to quickly obtain approval from the U.S. Treasury to "migrate" these accounts from the application jointly developed by the Treasury, BNY Mellon (BK.N), and Robinhood to their respective platforms, thereby capturing user growth opportunities in the early stages of the product launch.

One source familiar with the matter stated that these institutions can now only hope for relevant guidance to be issued by August at the latest.