Woofun AI reports that Vanguard Group has established a Chief Digital Asset Officer position to define its long-term cryptocurrency and blockchain strategy. The role will evaluate tokenization, stablecoins, custody, and settlement options to determine whether to build internal capabilities, partner externally, or delay market entry. While the position involves creating multi-year roadmaps and governance frameworks, Vanguard clarified that this hire does not signal an imminent launch of proprietary crypto investment products.