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The CEO of Kingdom Trust, a regulated custodian managing over $13 billion in assets, believes a generational shift will soon open the $28 trillion retirement industry to Bitcoin.
In an interview with Cointelegraph, Ryan Radloff, the CEO of the crypto-friendly $13 billion custodian Kingdom Trust, asserted that a “generational change” will soon open the $28 trillion United States retirement fund industry to crypto assets.
"Right now, the single largest addressable market for Bitcoin is the 28 trillion dollars in the U.S. retirement market,” Radloff asserted, “There is no single more addressable market for Bitcoin to penetrate, or all digital assets, for that matter."
"Right now, all of that money is about to go through this generational change, and there has been hardly any penetration of Bitcoin into that market today," he added.
"From a stock-to-flow standpoint, that is a massive deal, because now what you’re doing is unlocking a massive amount of new dollars that can in-flow into our industry. And that’s what that's why it's so important."
... https://cointelegraph.com/news/generational-shift-to-open-28-trillion-retirement-market-to-crypto?fbclid=IwAR2Spy2LUYaXnvxmUmbVd7ibcJzmdNsOmF2jBJ2xeTUe8p_zSODBQW4TF0M
