Vanguard hires Head of Digital Assets, crypto focus

Vanguard, the world’s second-largest asset manager, has posted a job opening for its first Head of Digital Assets, signaling a significant step in its evolving approach to cryptocurrencies and blockchain technology. The senior role, listed on the company’s careers portal on July 6, is tasked with developing a multi-year strategic roadmap for digital assets within Vanguard’s Personal Wealth division.

The new executive will serve as the firm’s senior subject matter expert, responsible for defining Vanguard’s perspective and evaluating opportunities across a broad spectrum of digital asset areas. These include tokenization, stablecoins, digital wallets, custody models, blockchain-enabled settlement, and operating models. The position will involve coordinating efforts across product development, technology, operations, legal, and compliance teams, and will represent Vanguard in discussions with regulators and industry groups. The role is hybrid, with seats available in Malvern, Dallas, Scottsdale, and Charlotte.

This hiring initiative marks a notable shift from Vanguard’s earlier, more skeptical stance on digital assets. In December 2024, the firm characterized cryptocurrencies as...