Trump eyes crypto for U.S. retirement plans – VC calls it ‘huge unlock’

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.