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26 November 2020

US Firm Launches Company-Sponsored Bitcoin Retirement Plans - CoinDesk

US Firm Launches Company-Sponsored Bitcoin Retirement Plans - CoinDesk


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After running a year-long test, Digital Asset Investment Management (DAiM), a U.S.-based crypto investment advisor, has launched what it says are the first company-sponsored retirement plans supporting bitcoin.

“From the moment we were approved by the State of California in June 2018, we’ve seen incredible inbound demand from individuals eager to invest bitcoin in 401(k)s,” DAiM said in the announcement, adding that conventional plans’ inability to keep up with inflation is a bad deal for savers.

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