What is a digital asset or token?

A token or digital asset is anything that can be stored and transmitted electronically, and have associated ownership or use rights. There are many types of tokens or digital assets including cryptocurrencies, stablecoins and non-fungible tokens or NFTs. The digital representation of the assets continue to hold the asset's character and nature.

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At Owl Explains, we collaborate with trade associations, think tanks, policymakers, and industry partners to further understanding of blockchain, crypto, and Web3.

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