Vanguard

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Basics

"Since February 2019, the fund giant has been using a blockchain to set security prices on some $1.5 trillion of its $6 trillion in holdings. Vanguard relies on tech developed by Symbiont, a New York-based startup."

"In June the index-fund king announced an initiative to address the often messy process of keeping records for asset-backed securities—as loans get repackaged and sold from one party to another, important credit information can be lost. Vanguard piloted a new product—with Citi, State Street and BNY Mellon also participating—to store that loan information on a shared, unalterable ledger."

Tech

 Roadmap

Usage

Competition

Pros and Cons

Team, investors, Partnerships, etc.

Team

  • Key Executive: Warren Pennington, a principal in Vanguard’s investment management group (2020 & 2021)

Investors

Partners