What was the DeFi & Vaults working group?

Decentralized Finance (DeFi) & Vaults was part of the Global Standards Mapping Initiative (GSMI) 7.0 research cycle, mapping the DeFi vault landscape, including how vaults operate, how they can fail, and what institutions need to evaluate them. View the report above to learn more.

Who contributed to the DeFi & Vaults working group?

The group was co-chaired by Lee Schneider (General Counsel, Ava Labs) and Sadia Halim (Head of Digital Asset Strategy, Galaxy), with contributors from GBBC's members and community.

What is the status of the DeFi & Vaults working group?

This GSMI 7.0 working group published its report in September 2026, which can be accessed at gbbc.io/gsmi

What did the DeFi & Vaults working group produce?

Outputs included DeFi vault landscape and industry recommendations for vaults, as well as vault types, functions, and risks, smart contract and cybersecurity exposure, agentic automation in DeFi, and more. View the report above for more information.

Can I join the DeFi & Vaults working group?

No. GSMI 7.0 working groups are wrapping up and are no longer accepting participants. GSMI 8.0 will have a new set of working groups.

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DeFi & Vaults

Mapped the DeFi vault landscape, including how vaults operate, how they can fail, and what institutions need to evaluate them.

Status: GSMI 7.0 research cycle — concluding in 2026

Agentic/AI & Blockchain APAC Capital Markets Risk Mitigation Framework (RMF)Carbon Emissions Token (CET) Taskforce DeFi & Vaults Digital Payments & the Emerging Digital Economy in the Dutch Caribbean EMEA Policy Infrastructure for Tokenized Assets ISO/TC 307 Post Trade Distributed Ledger (PTDL) Group Regulatory Council Supply Chain and Transportation Working Group Taxonomy U.S. Blockchain Coalition (USBC)U.S. Policy UK Policy Voluntary Ecological Markets (VEM) Taskforce

Co-chairs

Lee A. Schneider

General Counsel

Ava Labs

Sadia Halim

Head of Digital Asset Strategy

Galaxy

What this group worked on

—Vault types, functions, and risks
—Smart contract and cybersecurity exposure
—Agentic automation in DeFi

Outputs

GSMI 7.0: DeFi & VaultsRead the full report (PDF) →

Frequently asked questions

What was the DeFi & Vaults working group?: Decentralized Finance (DeFi) & Vaults was part of the Global Standards Mapping Initiative (GSMI) 7.0 research cycle, mapping the DeFi vault landscape, including how vaults operate, how they can fail, and what institutions need to evaluate them. View the report above to learn more.
Who contributed to the DeFi & Vaults working group?: The group was co-chaired by Lee Schneider (General Counsel, Ava Labs) and Sadia Halim (Head of Digital Asset Strategy, Galaxy), with contributors from GBBC's members and community.
What is the status of the DeFi & Vaults working group?: This GSMI 7.0 working group published its report in September 2026, which can be accessed at gbbc.io/gsmi
What did the DeFi & Vaults working group produce?: Outputs included DeFi vault landscape and industry recommendations for vaults, as well as vault types, functions, and risks, smart contract and cybersecurity exposure, agentic automation in DeFi, and more. View the report above for more information.
Can I join the DeFi & Vaults working group?: No. GSMI 7.0 working groups are wrapping up and are no longer accepting participants. GSMI 8.0 will have a new set of working groups.