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What is Tangible Asset?

Crypto Terms Glossary: What is Tangible Asset?

A tangible asset is any asset that can be physically touched. Examples of tangible assets include a house, a car, or a computer, among other items. As they relate to blockchain, tangible assets include data hosting centers, cryptocurrency mining rigs, or mobile phones that employ the use of a cryptocurrency wallet. The classification of cryptocurrencies and non-fungible tokens (NFTs) is ambiguous because they can be stored in a digital wallet or crypto exchange and have characteristics that are both tangible and intangible.

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