Asset Migration

Definition ∞ Asset migration involves moving digital assets from one blockchain network or platform to another. This process typically occurs to leverage different protocol features, improve transaction speed, or reduce costs. It requires specific technical procedures to ensure the secure transfer of ownership or value.
Context ∞ Asset migration is a common topic in crypto news, especially with the growth of cross-chain interoperability solutions and layer-2 scaling. It is relevant when projects transition between blockchain ecosystems or when users seek better yield opportunities in decentralized finance. The security and efficiency of these migration mechanisms are critical points of analysis for market participants.