The dawn of digital assets: Understanding cryptocurrencies


Sunrise over the hills.

The last year has proven to be yet another period of exceptional volatility for cryptocurrencies. Digital currencies like Bitcoin have experienced major price swings, both upward and downward. 

Regardless of this volatility, however, the landscape for digital assets is broadening.  

A digital asset is one that exists in the digital realm; however, like a physical asset, it can be bought, sold, held or traded. As innovation in this area continues, it now includes items such as Non-Fungible Tokens (NFTs), Central Bank Digital Currencies (CBDCs), utility and governance tokens, stablecoins and cryptos. 

To help you make sense of this growing space, the Ameriprise Financial Investment Research Group has released a new report providing an overview of cryptocurrencies and their risks. 

Read the full report