An asset is any kind of economic resource that can be owned or controlled to produce value. A company’s assets are often recorded on a balance sheet, where the monetary value of an asset is set by an accountant. Assets are widely classified into two major groups – tangible and intangible assets. Tangible assets include vehicles, equipment, real estate, currencies and others. Intangible assets are patents, franchises, trade names, etc. The general interpretation also defines digital assets, software and other computer-based assets as intangible. Some blockchain-based digital assets are called smart assets – cryptocurrency tokens that represent the ownership of some real-world, tangible or intangible asset and are exchanged under the rules of the smart contracts of blockchain it’s based on. Blockchain assets are getting more attention because of their protection from being changed after being recorded in the network.
Inflows to Solana-based investment products saw a whopping 388% increase last week, with institutional investors gaining exposure to $13.2 million worth of SOL ...
Institutional exposure to altcoin products retests all-time high
A new DeFi platform focused on synthetic assets says existing projects have critical flaws that need to be addressed — including low liquidity and poor usabilit...
New DeFi platform to tackle critical flaws in synthetic asset protocols
Seung-beom Koh said that fintech experts across the globe “find it difficult to see virtual currencies as a financial asset.”
Korean FSC chair nominee doesn’t think crypto is a financial asset
Solana represented one-third of total inflows to institutional crypto investment products this past week.
Institutional investors bet big on Solana, while BTC outflows persist
A marketplace that specializes in offering NFTs backed by physical items says it removes friction in the sale of real-world collectibles such as rare Pokémon ca...
Gotta catch ‘em all! Platform offers NFTs backed by real Pokémon cards
Decentralized finance protocols on Binance Smart Chain saw their token prices and total value locked rise toward new highs after a series of protocol upgrades a...
DeFi adoption on Binance Smart Chain reaches new highs
For years, tokenization has been hyped to be one of the most interesting use cases of blockchain, but it hasn’t gained its momentum yet.
Tokenization of assets is not taking off, but it really should