President Donald Trump on Monday celebrated the launch of Trump accounts, saying that more than 6 million Americans had signed up for the project.

Earlier in the day, he formally rang the bell to open the New York Stock Exchange and NASDAQ from the White House as part of a ceremony marking the launch.

"Already, more than 6 million Americans have signed up for Trump accounts—and we've just started—many of which are receiving a one-time seed contribution of $1,000.... the Trump Accounts could grow to hundreds of thousands of dollars by the time they reach 18," he said.

Trump accounts are investment accounts funded by the U.S. Treasury for Americans born under his term. Private contributions have swelled, with billionaires like Dell CEO Michael Dell, making major contributions to help fund additional accounts.

The funds will be invested and made available to the account owner when they turn 18.

Ben Whedon is the Chief Political Correspondent for Just the News. Follow him on X.