Morning Minute: Vanguard Hires 'Head of Digital Assets' in Crypto Capitulation
Summary
Vanguard, one of crypto’s biggest traditional-finance holdouts, posted its first Head of Digital Assets role. The job focuses on a multi-year roadmap for tokenization, stablecoins, custody, and blockchain settlement, signaling a notable shift after years of rejecting crypto and even blocking clients from trading spot Bitcoin ETFs. Zcash rose more than 10% after developers said they are close to proving the new Ironwood shielded pool under Project Tachyon has no hidden counterfeiting flaws. The upgrade follows a June soundness bug disclosure that hurt ZEC sharply. Tachyon aims to improve privacy, scale private transactions to thousands per second, and strengthen quantum resistance.
