A digital asset is any non-physical item stored digitally that holds value, ownership, or utility. Examples include cryptocurrencies (e.g., Bitcoin, Ethereum), NFTs (non-fungible tokens), tokenized securities, and digital collectibles. These assets rely on blockchain technology for security, transparency, and decentralization. Unlike traditional assets, they enable instant global transactions, programmability (via smart contracts), and fractional ownership. Governments and institutions are increasingly regulating digital assets, recognizing their economic impact. Risks include volatility, cyber threats, and regulatory uncertainty. As adoption grows, digital assets are reshaping finance, art, gaming, and more, forming the foundation of Web3 and the decentralized digital economy.