U.S. Blockchain Association Establishes Vaults Working Group, with Dozens of Institutions Including a16z and Uniswap Participating

Techub News reports that the U.S. Blockchain Association has announced the formation of the Vaults Working Group, with dozens of member institutions participating, including a16z crypto, Aave, Ethena, FalconX, Grayscale, Morpho, Uniswap, and Wintermute. The association stated that Vaults are emerging on-chain financial infrastructure that can provide users with multi-asset exposure and composable, personalized investment strategies. The working group will communicate directly with the U.S. Securities and Exchange Commission to assist lawmakers in understanding the operating mechanisms of Vaults and the applicability of existing regulatory frameworks, and to promote the compliant development of related technologies in the United States. (Wu Talks Blockchain)