Crypto's eligibility for 401k retirement funds is under fire after brutal market rout wipes out $2 trillion

"401ks exist to help people save for a secure retirement, not gamble on speculative assets," said an industry observer. What to know : "401ks exist to help people save for a secure retirement, not gamble on speculative assets," said Lee Reiners of the Duke Financial Economics Center. "Last week, we did not get out quickly because fundamental data still looked strong," said BlockTrust IRA, an AI-driven fund provider working with pensions. Tokenization and smart contracts are reimagining the future of the retirement industry, says Franklin Templeton.