Robinhood CEO Vlad Tenev announced that he will partner with the U.S. Department of the Treasury to launch “Trump Accounts,” aiming to attract the next generation of investors. The account will be fee-free and has already attracted more than 4 million children to sign up. It is available to children born between 2025 and 2028, driving future growth.

Robinhood announced it is joining the U.S. Department of the Treasury-backed “Trump Account” financial program, acting as a broker and the initial trustee, emphasizing compliance and the safety of funds. The news pushed its stock price up in the short term, but it faces uncertainty in the SpaceX IPO competition. Its future performance will depend on its ability to execute its business.

The U.S. Department of the Treasury has selected BNY Mellon and a financial technology company to implement the tax-deferred investment account plan under the 530A provision introduced by Trump. The plan is intended to establish government-subsidized savings accounts for children of U.S. citizens born after 2025, with an initial amount of $1,000 per account, invested in stock market index funds.

OpenEden launched a tokenized product, HYBOND, linked to BNY Investments’ global short-term high-yield bond strategy. It allows eligible investors to invest in a portfolio of short-term corporate bonds at a 1:1 ratio. This product brings high-yield credit instruments into the tokenized market, broadening investment choices and advancing on-chain fixed-income assets. The launch of HYBOND marks tokenization’s move into the actively managed bond space, giving investors new opportunities to earn returns.

BNY Mellon CEO Robin Vince stated at the Digital Asset Summit that the next phase of the crypto industry will depend on large financial institutions, emphasizing the importance of tokenization and digital asset custody. He pointed out that trust and regulation are key to development and mentioned the progress of relevant regulations. Morgan Stanley's Amy Oldenburg believes that banks' entry into the crypto space stems from mature infrastructure development, rather than hype.

This article summarizes cryptocurrency news for March 24, 2026, focusing on the latest Bitcoin updates, Ethereum upgrades, Dogecoin trends, cryptocurrency real-time prices, and price forecasts. Today's major events in the Web3 sector include: 1. BlackRock pushes the $20 trillion tokenization market, Larry Fink optimistic about lowering investment barriers; 2. BitMine Chairman Tom Lee: Ethereum's harsh winter is nearing its end, ETH price faces market test; 3. U.S. plans to ban stablecoin yields, "CLARITY Act" reshapes crypto business model boundaries.

As stablecoins expand, major global banks like Citigroup and BNY Mellon are accelerating deposit tokenization initiatives to address fund outflows and operational pressures. This model maps bank deposits as on-chain assets, enabling rapid settlement, which helps enhance liquidity while maintaining compliance. Despite transformation challenges in technology and regulation, deposit tokenization could drive the convergence of traditional finance and blockchain in the long term.

This week, the cryptocurrency industry received positive news from Wall Street, but Bitcoin's price fell from $74,000 to $69,000, with a market cap evaporating approximately $110 billion. The strength of the US dollar and macroeconomic factors are putting pressure on risk assets. Short-term holders are taking profits, increasing selling pressure, but the US spot Bitcoin ETF recorded net inflows, indicating an improvement in the funding environment.

ChainCatcher Message: Bank of New York Mellon has reduced its holdings in Strategy by 1%, lowering the total shares to 913,183, valued at approximately $127.3 million.

On February 11, news reports indicate that LayerZero (ZRO) has risen approximately 22.36% in the past 24 hours, with the price briefly reaching $2.45. It is currently hovering around $2.35. Driven by multiple major positive developments, ZRO's daily trading volume surged by 328%, reaching approximately $500 million, indicating a rapid influx of capital and attention. The core catalyst for this rally comes from LayerZero Labs' release of the new Layer-1 network Zero. The platform targets institutional financial markets and is scheduled to launch in Fall 2026. Zero will utilize zero-knowledge proofs and the Jolt virtual machine architecture. The official claim is that its theoretical throughput can reach 2 million transactions per second, addressing scalability and efficiency bottlenecks faced by traditional blockchains. The network will establish three permissionless "zones," governed by the underlying protocol, with ZRO serving as the native token and governance asset.