[Robinhood CEO: Initially Focused on Serving a New Generation of First-Time Investors] BlockBeats News, September 4, Robinhood CEO Vlad Tenev stated: 'Robinhood initially focused on serving a new generation of first-time investors. Today, these customers are continuously accumulating wealth, and their financial needs are growing accordingly. Just weeks after launching Trust Accounts, the total assets deposited by customers have exceeded $150 million, with an average account asset size of approximately $500,000. We hope to accompany and serve them throughout their entire financial lifecycle.' [Original Link]