Definition ∞ Onchain assets are digital representations of value or ownership that exist and are verifiable directly on a blockchain network. These assets derive their security and immutability from the underlying distributed ledger technology. They include cryptocurrencies, non-fungible tokens, and tokenized real-world assets.
Context ∞ Onchain assets are a core component of the digital economy, with news frequently reporting on their issuance, trading, and technological advancements. The transparency and auditability provided by blockchain records are key features discussed. Regulatory bodies are increasingly focusing on how to classify and govern various types of onchain assets.
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