Traditional asset management giants can no longer sit still; the signals from Vanguard's recent hiring are more tangible than any bull market.

Wu learned that American asset management giant Vanguard is recruiting a Head of Digital Assets for its Personal Wealth division, responsible for formulating the company's digital asset strategy and multi-year roadmap, driving the implementation of digital asset products, and covering areas such as tokenization, stablecoins, wallets and custody, and blockchain infrastructure. This position will also represent Vanguard in communications with regulators, industry participants, and clients to advance its digital asset business.