Vanguard is searching for a head of digital assets, signaling a deeper commitment to evaluating cryptocurrencies, tokenization and blockchain infrastructure.
Vanguard’s Digital Asset Strategy
The multi trillion-dollar asset manager has posted a senior executive role within Vanguard Personal Wealth to develop the firm’s digital asset strategy. However, it has no plans to launch its own crypto investment products.
The executive will evaluate areas including tokenization, stablecoins, digital wallets, digital asset custody, blockchain-enabled settlement and operating models.
The position will also determine whether Vanguard should build new capabilities internally, partner with third parties or delay entering certain segments of the market.
