Vanguard, the king of crypto skepticism, is officially hiring its first Head of Digital Assets. Why this is massive for the market: 1/ The Scale: Vanguard controls $12 trillion. When the second-largest asset manager on earth pivots to blockchain tech, the entire global financial paradigm shifts. 2/ Beyond ETFs: They aren't just trying to launch a retail fund. The job targets deep infrastructure: tokenization (RWAs), stablecoins, custody, and blockchain settlement. 3/ Institutional FOMO: BlackRock, Vanguard, and Fidelity control ~50% of US fund assets. With BlackRock and Fidelity building out massive digital asset pipelines, Vanguard has no choice but to join the party.(Lark Davis)