Crypto has emerged as the world’s most exciting asset class. We believe the broad application of blockchain technologies is fueling the digitalization of our lives, transforming entire industries, and disrupting the global financial system.

The simplest definition of a crypto asset is a digital currency or token that uses a blockchain to provide a medium of exchange. Bitcoin’s most important technological innovation was the creation of the first blockchain, a decentralized public ledger where transactions are confirmed by a network of compensated participants. While blockchains are a vital tool to make the digitalization of services and products a reality, they cannot exist without their native coins or tokens. These crypto assets collectively share five key characteristics that make them attractive for investors of all stripes.