Trump eyes crypto for U.S. retirement plans – VC calls it ‘huge unlock’
2025-07-19 04:11:18
Main Idea
U.S. President Donald Trump is considering an executive order to allow retirement funds (401k plans) to invest in cryptocurrencies and gold, which could significantly boost the crypto market by unlocking trillions in retirement assets.
Key Points
1. Trump's executive order could open up $9 trillion in 401(k) assets to alternative investments like crypto and gold.
2. The Department of Labor is rolling back restrictions, allowing fiduciaries to make investment decisions rather than regulators.
3. A crypto VC partner called this a 'huge unlock' for crypto, estimating a potential $90 billion inflow if 401(k)s allocate just 1% to crypto.
4. The move aligns with Trump's broader pro-crypto agenda, including reduced enforcement actions by the SEC.
5. The U.S. housing market agency has also endorsed Bitcoin, signaling growing institutional acceptance.
Description
Trump’s executive order could unlock $9T in 401(k) assets for crypto, gold, and private equity.
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