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Digital asset
Assets and ownership

Digital asset

Any asset that exists in digital form on a blockchain. This includes cryptocurrencies, tokenized real-world assets, stablecoins, and other instruments. A token is the specific mechanism through which a digital asset is represented and transferred. Digital assets are the broader category.

TradFi equivalent
In traditional finance...
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TradFi equivalent
A financial instrument. A broad category that includes equities, bonds, derivatives, and currencies. A digital asset is the blockchain equivalent.
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Analogy
In everyday terms...
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Analogy
The word 'vehicle.' It covers cars, trucks, motorcycles, and buses without specifying any of them. Digital assets are the same kind of broad category.
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