Non-Crypto Assets

Definition ∞ Non-crypto assets are traditional financial instruments and physical properties that exist outside of blockchain-based digital asset ecosystems. This category includes conventional stocks, bonds, real estate, commodities, and fiat currencies. While distinct from cryptocurrencies, these assets can sometimes be represented on a blockchain through tokenization, creating a digital proxy.
Context ∞ The interaction between non-crypto assets and the digital asset space is a growing area of interest, particularly concerning the tokenization of real-world assets and the regulatory challenges this presents. Discussions often focus on how blockchain technology can improve the liquidity, transferability, and transparency of these traditional assets, as well as the legal frameworks required for their digital representation.