According to reports from CoinWorld and Bloomberg, the White House is preparing an executive order that will provide legal protections for 401(k) retirement plan managers, allowing them to include private market funds, Crypto Assets, and other alternative assets in their investment options. Jon Gray, President of Blackstone Inc., stated that once the U.S. paves the way for 401(k) plans to expand into investment areas beyond stocks and bonds, leading firms in the alternative asset industry are most likely to benefit from it. This move will bring significant changes to the U.S. retirement savings market, providing ordinary investors with more diversified investment channels, while also potentially creating new business growth opportunities for large private sale management firms.