Digital Asset
/ˈdɪdʒɪtl ˈæsɛt/
Definitions
- (n.) Any form of content or property stored digitally that holds value and can be owned, transferred, or controlled, including cryptocurrencies, digital tokens, and electronic documents.
The investor diversified her portfolio by acquiring several digital assets on the blockchain.
- (n.) Intangible property rights that exist in computer files or electronically stored information recognized under law, such as intellectual property rights in software or digital media.
The company's legal team ensured protection of its digital assets against unauthorized copying.
Forms
- digital assets
Related terms
See also
Commentary
The term encompasses both the content itself and the associated legal rights recognized under various jurisdictions; precision is important when drafting to specify whether referring to the asset as property or the rights therein.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.