Mutual fund firm Vanguard will start running index data for its funds on the blockchain, as the technology continues to expand its role in financial services.

The company will begin using smart contracts, a feature that can better automate data, developed by blockchain startup Symbiont, as reported by Reuters yesterday.

A mutual funds firm that has nearly $5 trillion under management, Vanguard’s adoption of blockchain technology may be a strong sign that the technology is starting to filter more permanently outside of cryptocurrency and into mainstream finance.

Read more at Reuters, CoinDesk, and PYMNTs.