TechFlow news, August 8 — According to Wall Street Insights, the White House announced that President Trump has signed an executive order allowing 401(k) accounts to access alternative assets such as private equity, real estate, and digital assets to enhance returns and diversify risk.
The executive order directs the U.S. Securities and Exchange Commission (SEC) to revise relevant regulations to facilitate alternative asset investments in participant-directed defined contribution retirement savings plans. Previously, these retirement plans typically invested in relatively safe stocks and bonds.
Analysts believe this move will inject substantial capital into the cash-hungry private equity industry, opening the door to approximately $12.5 trillion in retirement account funds for the sector, and represents a key component of Trump's push to advance the cryptocurrency industry.
