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Academy

What Are Digital Assets?

Subcategories for Digital Assets

1. Cryptocurrency

A cryptocurrency is a medium of exchange, created and stored electronically on the blockchain using cryptographic functions to conduct financial transactions and to control the creation of monetary units.

2. Security Token Offerings (STO)

Security tokens are the next generation channels of capital formation for businesses. These are similar to traditional securities offerings, but instead of receiving a stock certificate or note for their investments, investors receive their investment shares in the form of security tokens.

Types of Assets That Can be Tokenized

3. Tokenized Stock Offerings (TSO)

Tokenized stock offerings refer to traditional stocks that would be listed on the NYSE or NASDAQ that come wrapped in the latest technology to provide a tokenized version of the stock.

TSOs are considered securities, regulated by each jurisdiction’s security laws and governing bodies.

Crypto exchanges such as Binance and FTX had launched these TSO products earlier this year indicating the stamp of approval from these cryptocurrency giants.

4. Stablecoins & Central Bank Digital Currencies (CBDC)

A central bank digital currency (CBDC) or a stablecoin uses a blockchain-based token to represent the digital form of currency backed by a reserve asset.

Central Bank Digital Currencies (CBDC)
Stablecoins

5. Non-Fungible Tokens (NFT)

A non-fungible token (NFT) is a unit of data stored on the blockchain that certifies a digital asset to be unique and as such, not interchangeable. Photos, videos, audio and other types of digital files have been used to create NFTs.

While access to the original file might not be restricted to the owner of the NFT, they are tracked on the blockchain to provide the owner with proof of ownership that is separate from copyright.

We are now living in a digital age where digital assets from all categories are growing at an exponential pace. Cryptocurrencies have opened our eyes up to the possibilities that blockchain technology can bring, allowing assets to be tokenized, changing the landscape of capital markets, and bringing more efficiencies to the world we live in. It is certain that digital assets are here to stay and are the only way forward.


About IX Swap

IX Swap is a next-generation platform that leverages DeFi services backed by regulatory compliance to facilitate safe and convenient issuance, listing, and trading of security tokens and fractionalized NFTs.

By bridging the gap between traditional finance and innovative blockchain-based solutions, IX Swap is paving the way in democratizing access to traditional financial markets that have never been done before.

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