Former Nasdaq Digital Assets Head, Retirement Plan Providers Explore Crypto Investments or Create Stable Demand for the Market

Former Nasdaq Digital Assets Head Ira Auerbach stated that the U.S. is preparing to further solidify the regulatory framework of the GENIUS Act by 2026. Stablecoin issuers that have relied on offshore regulatory systems will find that relocating reserves and operations back to the U.S. will bring significant advantages. Additionally, Ira Auerbach mentioned that some retirement plan providers are ready to test deploying 0.5% to 1% cryptocurrency exposure in target date funds and balanced funds, which could create a stable demand somewhat correlated with market cycles.

(Note: Target date funds are designed to meet individual retirement investment needs, while balanced funds are guaranteed funds that allocate a fixed proportion of common stocks, preferred stocks, and bonds.)