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Exclusive: Basic Capital raises $25 million to reinvent 401(k)s

When President Trump issued his executive order on alt assets in 401(k) plans, one of the people cheering most loudly was Abdul Al-Asaad, CEO of a fintech startup called Basic Capital. Driving the ...
WealthManagement.com

This 30-Year-Old’s Startup Is Bringing Leverage to 401(k) Savers

(Bloomberg) -- When Abdul Al-Asaad was a student at Harvard Business School in 2021, he pitched billionaire investor Bill Ackman on an idea for allowing everyday people to finance investments. Ackman ...
Financial Advisor

Bill Ackman-Backed Startup Is Bringing Leverage To 401(k) Savers

When Abdul Al-Asaad was a student at Harvard Business School in 2021, he pitched billionaire investor Bill Ackman on an idea for allowing everyday people to finance investments. Ackman was intrigued — ...
MarketWatch

VanEck Digital Asset Products Now Available on Basic Capital's 401(k) Platform

VanEck, a global investment management firm, and Basic Capital Group ("Basic Capital"), the fintech 401(k) platform modernizing retirement savings, today announced a co-marketing partnership to ...
Business Wire

VanEck Digital Asset Products Now Available on Basic Capital’s 401(k) Platform

NEW YORK--(BUSINESS WIRE)--VanEck, a global investment management firm, and Basic Capital Group (“Basic Capital”), the fintech 401(k) platform modernizing retirement savings, today announced a ...