Vanguard opens search for digital assets leader in sign of evolving crypto strategy
The new role would oversee tokenization, stablecoins and blockchain initiatives as Vanguard reassesses digital assets.
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Summary
- Vanguard has begun searching for a head of digital assets, a senior role that will shape the firm’s strategy for cryptocurrencies and blockchain-based technology.
- The new executive will develop a multi-year digital asset roadmap, assess opportunities from tokenization to stablecoins and custody, and coordinate efforts across product, technology, operations, legal and compliance.
- The move signals a gradual but notable shift in Vanguard’s stance on digital assets, following its recent decision to allow trading of crypto ETFs and mutual funds while still declining to launch its own crypto products.
