Demystifying Digital Assets – A Guide For Trustees

The new and evolving world of digital assets has introduced many private clients not only to vast and often rapid wealth, but also to foreign and increasingly complex concepts. While sophisticated private clients may already be fully educated and ready to capitalise on the tremendous opportunities associated with the rise of digital assets, many trustees and corporate services providers (CSPs) are facing these fast-paced developments with great trepidation.

For those without prior exposure to the universe of digital assets, it can be impossible to know where to start. Part of the difficulty is the ever-increasing new terminology, acronyms and jargon that can only be grasped with a level of foundational knowledge, but challenges also lie in the fact that digital assets are known to be both volatile and speculative. All of these factors have combined to present scenarios that, to the uninitiated at least, can often appear too complicated to understand and