When the second US administration of Donald Trump takes off, there are repeated predictions that the stock trading and virtual asset platform “Robinhood” will be the company that can benefit the most.

The virtual asset business is predicted to expand significantly under the Trump administration, which tends to be pro-virtual asset support.

According to the financial investment industry data on the 15th, Robinhood rose 2.21% on the 13th (local time) to close at $40. Robinhood shares, which started the year at $12, rose 224% year-over-year and rose vertically.

Robinhood is an online brokerage firm that led the stock trading boom during the COVID-19 pandemic with the slogan “democratizing stock trading” through a free commission policy.

In early 2021, the company grew in size as trading by ant investors became active alongside the uptrend in so-called “meme” stocks like GameStop and AMC.

Wall Street has recently continued to rate Robinhood positively. A price target of up to $60 was also offered.

First, Morgan Stanley has overweighted its investment opinion on Robinhood and offered a price target of $55.

Michael Cyprize, an analyst at Morgan Stanley, predicted that Robinhood’s total market potential (TAM) would grow to over $600 billion and revenue would increase tenfold.

Mizuho Securities also “demonstrated Robinhood management’s ability to drive profitable growth through incremental product, service and regional expansion.” This will serve as an important differentiator from existing platforms,” he emphasized. Mizuho also offered a price target of $60.

Robinhood’s virtual asset business is not large. Only 19 tokens have been listed so far.

Bernstein also predicted in a report last month that “Robinhood will see higher profits by listing new tokens and launching cryptocurrency-related products.”

Robinhood is said to have recently acquired Bitstamp’s European platform and is ready to offer services related to virtual assets such as staking, stablecoins and lending services.

Meanwhile, related stocks such as Coinbase, a virtual asset platform, and MicroStrategy, Bitcoin’s largest holding company, are expected to increase their share prices after Trump’s second term begins.

In fact, the Trump family has made positive comments about virtual assets every day.

“You will have the most pro-virtual currency president in U.S. history,” Trump’s second son, Eric Trump, said in a keynote speech at the Bitcoin Mena 2024 event on March 10. “Imagine a president who won’t allow “That Bitcoin and virtual currencies are overly regulated and suppressed.”

In an interview with CNBC, he said: “The US will be the virtual asset (virtual currency) of the world,” adding: “My father fully supports it.”