Vanguard Warms to Crypto With Search for Digital Assets Chief

Bitcoin Magazine17h agoUpdated 2h ago
Vanguard Warms to Crypto With Search for Digital Assets Chief
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Bitcoin Magazine Vanguard Warms to Crypto With Search for Digital Assets Chief Vanguard is hiring its first head of digital assets to develop a long-term crypto and blockchain strategy. This post Vanguard Warms to Crypto With Search for Digital Assets Chief first appeared on Bitcoin Magazine and is written by Micah Zimmerman....

Key takeaways

  • 1Vanguard, managing $12 trillion in assets, is hiring its first head of digital assets to develop crypto and blockchain strategy.
  • 2The role covers tokenization, stablecoins, digital wallets, custody, and blockchain settlement evaluation across personal wealth clients.
  • 3Vanguard previously called Bitcoin an immature asset class but now allows clients to trade crypto ETFs and holds Strategy's Bitcoin treasury shares.

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Why it matters

Vanguard's pivot signals institutional acceptance of crypto despite years of skepticism, potentially influencing Indian retail investors as major global asset managers legitimize digital assets. This shift could accelerate regulatory clarity and mainstream crypto adoption in India's wealth management sector.

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