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The White House will allow 401 (k) investments in cryptocurrencies, and Blackstone CEO expects large private placements to dominate the market

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2025-07-25 01:40:59
According to Bloomberg, the White House is preparing an executive order that would give 401 (k) plan managers legal protection to include private market funds, cryptocurrencies and other alternative assets in their investment options. Jon Gray, president of Blackstone Inc., said the alternative asset industry leaders would most likely benefit once the United States paves the way for 401 (k) plans to expand beyond stocks and bonds. The move would revolutionize the U.S. retirement savings market, providing more diverse investment channels for ordinary investors and potentially creating new business growth opportunities for large private equity managers.
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