According to Bloomberg, the White House is preparing an executive order that would provide legal protection for 401(k) retirement plan managers, allowing them to include private market funds, cryptocurrencies and other alternative assets in their investment options. Blackstone Inc. Chief players in the alternative asset industry will most likely benefit once the United States paves the way for the expansion of the 401(k) plan beyond stocks and bonds. This move will bring major changes to the U.S. retirement savings market, providing more diversified investment channels for ordinary investors, and may also create new business growth points for large private equity management companies.