Definition: A “Digital Equity” is a representation of an ownership interest; whole or fractional, tangible or intangible. A market may or may not exist in consensus for the value of the underlying property. A Digital Equity is difficult or impossible to divide. A Digital Equity is non-fungible. A non-fungible asset is unique in its characteristic as a representation of another asset or item, or the manifestation of one unique and serialized intangible or tangible asset or item. Digital Equities are unique to one another, distinct in character, and not interchangeable.
Examples: Sub-Asset Classes include Digital Equity - Security - (different classes of investment instruments classified as Securities:) Digital Equity - Digital Security - Digital Unit Trusts; Digital Equity - Digital Security - Digital Mutual Funds; etc: ie: Investment-linked assurance schemes, Structured investment products, Mandatory provident funds, Pooled retirement funds, Investment-linked deposits, Paper gold schemes, Exchange-traded funds, Leveraged and inverse products, Real estate investment trusts, Closed-ended funds, Listed and unlisted shares and debentures, etc.. Digital Equity - Real Property, Digital Equity - Collectibles (Cryptokitties), Unique Artwork, Jewelry, or Couture Fashion. Any asset that is indivisible, serialized, or unique.