Definition ∞ The digital assets market refers to the global ecosystem where cryptocurrencies, tokens, and other blockchain-based assets are traded, stored, and utilized. This market encompasses exchanges, decentralized protocols, custody solutions, and various financial services built upon distributed ledger technology. It operates 24/7 and is characterized by its innovation and rapid evolution. The market facilitates capital formation and value transfer.
Context ∞ The digital assets market is currently experiencing significant regulatory attention and institutional participation, leading to both opportunities and challenges. Debates persist regarding market structure, investor protection, and the appropriate regulatory oversight for various asset classes. Its ongoing expansion signals a shift in global financial systems.