Vanguard Group's public recruitment of digital asset directors has made it clear that crypto assets are inconsistent with its long-term investment philosophy

Vanguard Group's recruitment information shows that it is recruiting a digital asset supervisor for the personal wealth business. The position requirements include more than 10 years of relevant experience, in-depth understanding of digital assets (tokenization, stablecoins, custody, settlement, etc.), and innovation and risk management capabilities in a regulatory environment.<br /> This position will be responsible for developing Vanguard's strategy, roadmap and implementation in the digital asset field, including assessing digital asset capabilities, product development, operating models, and cross-functional collaboration with product, technology, operations, risk, legal and compliance departments. It also needs to represent Vanguard in external communications with industry participants, regulators and customers.<br /> It is reported that Vanguard has allowed brokerage clients to trade crypto ETFs and mutual funds since December last year, but the company has made it clear that it has no plans to issue its own crypto investment products and believes that digital assets are still inconsistent with its long-term investment philosophy.