Lummis Annouces Kraken’s Historic Commitment to Sponsor Trump Accounts for Wyoming Newborns

February 16, 2026

CHEYENNE, WY- U.S. Senator Cynthia Lummis (R-WY) released the following statement applauding Kraken for sponsoring Trump Accounts for every child born in Wyoming in 2026.

"I am so thrilled Kraken is giving back to Wyoming in such a meaningful way by sponsoring Trump accounts for every child born in Wyoming in 2026," said Lummis. "This investment in the next generation will ensure children in Wyoming have a financial head start. I'm grateful to Kraken for their commitment to Wyoming's next generation and to the Cowboy State's economic future."

"This is not a gift. It is an investment in Wyoming's future," said Arjun Sethi, Co-CEO of Kraken. "We chose Wyoming as our global headquarters because it leads the country in thoughtful crypto innovation and regulation. When a state creates the right environment for builders, it deserves long-term commitment in return. By seeding accounts for every newborn in 2026, we are backing families from day one and reinforcing Wyoming's role as America's home for responsible crypto leadership."

Wyoming has established itself as a leader in digital asset innovation, becoming one of the first states to create regulatory frameworks that welcome digital asset businesses and pioneer blockchain-based financial instruments at the state level. Kraken has demonstrated strong ties to the state through its headquarters in Cheyenne, collaboration with state educational institutions on emerging technology programs, and engagement with community-driven projects. This generous initiative is the next step in the company's ongoing investment in the state's future.

For enrollment information regarding Trump Accounts, visit https://trumpaccounts.gov/.

Video footage of the announcement can be found here.