--- title: Digital Assets url: "https://www.unknowngravity.com/en/servicios/activos-digitales" site: Unknown Gravity published: "2026-01-14T07:30:56+00:00" modified: "2026-07-15T10:51:34+00:00" language: en-US description: "Is your company ready for the Value of the future? Digital assets are not just cryptocurrencies. They are the foundation of new business models, greater operational efficiency and new ways to…" section: "Home > Digital Assets" --- # Digital Assets > A digital asset is any good or right represented and transferable on a digital ledger, including cryptoassets, security tokens and NFTs. In the European Union its regime depends on whether it is a financial instrument (MiFID II and LMVSI) or a cryptoasset (MiCA). Unknown Gravity advises and builds across both frameworks. FROM ASSET TO VALUE INNOVATION WITH LEGAL CERTAINTY LEGAL-FIRST, ALWAYS [Book a meeting](/en/meeting) A digital asset is any good or right represented and transferable on a digital ledger, including cryptoassets, security tokens and NFTs. In the European Union its regime depends on whether it is a financial instrument (MiFID II and LMVSI) or a cryptoasset (MiCA). Unknown Gravity advises and builds across both frameworks. **Digital assets** are not just cryptocurrencies. They are the foundation of **new business models**, greater operational efficiency and new ways to generate **trust in the digital economy**. From the tokenization of real assets to the issuance of digital financial instruments or identity certificates, digital assets are transforming how companies **finance, manage and distribute value**. This guide is intended as a **clear and practical map** for companies that want to **understand, evaluate and implement digital assets** in a structured, strategic and regulation-compliant way. At **Unknown Gravity** we accompany organizations that want to take this step judiciously, avoiding common errors and solutions without a real path. ## 01 / What are digital assets? **Digital assets** are representations of value, rights or property that exist and are managed through **digital technology**, typically on **blockchain**, allowing for greater transparency, traceability and automation. For a company, what is important is not the technical definition, but **what type of digital asset makes sense for your business model**. Broadly speaking, we can classify them into three key categories: ### Native digital assets They are assets that **are born and exist directly on blockchain**. Examples: - cryptocurrencies such as Bitcoin or Ether - utility tokens of a decentralized application - governance tokens **Business opportunity:**\ They allow you to create **your own digital ecosystems**, encourage the use of platforms, align users and companies, or enable new participation models. ### Tokenized Real World Assets (RWA) *Real World Assets* (RWA) are **physical or financial assets represented digitally** through tokens. Examples: - tokenized properties - shares in a public limited company (S.A.) and bonds - commodities - economic rights Quotas in a Spanish private limited company (S.L.) cannot be tokenized: the law bars representing them by certificates or book entries, they never qualify as securities and their transfer requires a public deed, so an S.L. wishing to open its capital this way must first convert into an S.A. (Art. 92(2) of the Spanish Companies Act, BOE-A-2010-10544). **Business opportunity:**\ Tokenization makes it possible to **fractionalize the investment and open up the capital without losing control**, including in SMEs and family businesses. Fractionalizing does not create liquidity on its own: for liquidity to exist there must be a market and a counterparty willing to buy. ### Collectible and identity digital assets They mainly include **NFTs**, but their value goes far beyond digital art. Examples: - certificates of authenticity and origin - digital memberships - verifiable identity and credentials - licenses or rights of use **Business opportunity:**\ They allow you to create **direct relationships with customers**, new loyalty models and verification systems that cannot be altered once recorded. What is immutable is the record, not the link with the real-world thing: that link depends on who certifies it in the first place. With real estate, moreover, transferring the token does not change ownership: title passes by public deed and is entered in the Land Registry (Art. 609 of the Spanish Civil Code, BOE-A-1889-4763). ## 02 / Digital Asset Use Cases by Industry Digital assets are not an abstract technology. Their impact is measured **sector by sector**. ### Real estate sector Use of digital assets for: - fractionalization of the economic rights over the property - investor management - faster transactions - greater transparency Real estate tokenization reduces barriers to entry and improves capital efficiency. ### Logistics and retail Application of NFTs and digital assets for: - product traceability - certification of origin - fight against counterfeiting - consumer confidence Especially relevant in luxury products and food. ### Art, culture and entertainment Digital assets allow: - new monetization models - direct relationship with fans - copyright management - recurring revenues The digital asset becomes **channel, product and contract** at the same time. ### Corporate and business finance Use of digital assets for: - issuance of tokenized bonds - capital management using security tokens - automation of financial processes In Spain the law allows transferable securities to be represented through distributed ledger systems, and it requires two things: an issuance document setting out what is issued and on what terms, and the appointment of an entity responsible for the recording and registration of those securities (Arts. 6 to 8 of Law 6/2023 (LMVSI), BOE-A-2023-7053). Some banks have already issued tokenized bonds in controlled pilots. These are bounded operations, not an open market: they show that the infrastructure works, not that any particular case is viable. ## 03 / Legal and regulatory framework for digital assets One of the biggest mistakes is to think that digital assets operate “outside the system”. In reality, their business adoption requires a rigorous analysis of the legal framework. ### Regulation in Spain and the role of the CNMV In Spain, the **CNMV** oversees projects that can be considered financial instruments or investment products. Where a digital asset represents: - economic rights - equity interests in a company - profitability expectations it may be subject to supervision or authorization. ### MiFID II or MiCA: which framework applies to each digital asset In Europe, projects must analyze two key frameworks: - **MiFID II**: applies when digital assets are in the nature of a financial instrument (security tokens). - **MiCA**: regulates asset-referenced tokens and e-money tokens, which require prior authorization of the issuer, all other crypto-assets, subject to a white paper, and crypto-asset service providers (Regulation (EU) 2023/1114). The two frameworks are mutually exclusive: they never apply at the same time. You first determine whether the digital asset carries rights typical of a regulated financial product. If it does, MiFID II and the LMVSI apply and MiCA is out of scope. If it does not, MiCA applies. Documentation, supervisor and eligible buyers all follow from that decision, not from the technology (Art. 2(4) of Regulation (EU) 2023/1114). ## 04 / Digital Asset Services ### How can your company create and manage digital assets with security and legal compliance? This is where strategy makes the difference. At **Unknown Gravity** we act as a **technological and strategic partner**, not as a one-off supplier. ### Digital Asset Strategy and Consulting We help define: - what type of digital asset makes sense - the business model and tokenomics - legal and regulatory viability ### Tokenization of assets and creation of tokens We design: - real-world asset tokenization (RWA) - creation of native digital assets - structures adapted to each company Always with coherence between **legal reality and technology**. ### Blockchain development and technical infrastructure We develop: - smart contracts - blockchain infrastructures - integrations with existing systems With a focus on security, scalability and long-term maintenance. ### Regulatory compliance and ongoing support From the start, we integrate: - regulatory analysis (MiFID II, MiCA) - governance of the digital asset - transfer and management controls So that the digital asset **grows with the company** rather than becoming a risk. ## 05 / How to start working with digital assets in a company Adopting digital assets is not about “issuing a token” or “using blockchain”, but about **making a series of strategic, technical and legal decisions in the right order**. This process makes the difference between a useful digital asset and one that never provides real value. ### Identify the business objective before the digital asset The first step is not technological, but strategic.\ Every company must answer questions such as: - Am I looking for funding, operational efficiency or new revenue? - Do I want to improve the liquidity of an asset or create a new one? - Will the digital asset be internal, for customers or for investors? A well-designed digital asset **solves a specific problem**; it does not add unnecessary complexity. ### Choosing the right type of digital asset Not all models require the same type of asset: - native tokens for digital ecosystems - tokenized real world assets (RWA) for investment or funding - NFTs for identity, certification or relationship with customers Choosing the wrong type of digital asset usually generates **legal risks or lack of adoption**. ### Analyze the legal and regulatory impact from the start One of the most common mistakes is to leave regulation until the end. Depending on the case, a digital asset can: - be subject to **MiFID II** if it is a financial instrument - be affected by **MiCA** as a crypto-asset - require a prospectus approved by the CNMV, or fall within an exemption - need specific contractual structures Early legal analysis **saves time, costs and future blocks**. ### Designing technical architecture and governance A business digital asset must clearly define: - Who can issue it - Who can transfer it - What happens in key events (sale, redemption, expiration) - How it is updated or evolved Governance is as important as the smart contract. ### Scaling the digital asset in a sustainable way A digital asset doesn't end with its issuance.\ You must be able to: - integrate with existing systems - adapt to business growth - meet new regulatory requirements - remain auditable over time At **Unknown Gravity** we work with digital assets as **strategic infrastructure**, not as isolated experiments. This content is for information purposes. It is not legal, tax or investment advice and does not replace consulting a professional. Regulation on tokenization and crypto-assets keeps evolving: check the current version of the rules cited on BOE and EUR-Lex. ### Who holds the keys Every digital asset raises the same question: who can move it, and with how many approvals. We cover it in [crypto wallet and custody development](https://www.unknowngravity.com/en/servicios/crypto-wallet-and-custody-development), including the line between holding your own assets and holding them for third parties. FAQ ## Frequently asked questions **Are digital assets just cryptocurrencies?** No. Cryptocurrencies are just **a type of digital asset**.\ Digital assets also include: - tokenized real-world assets (RWA) - Security Tokens - Identity, Certification, or Membership NFTs - digital rights represented in blockchain For companies, the highest value is usually **beyond cryptocurrencies**. **What is the difference between tokenizing an asset and digitizing it?** Digitizing an asset means **representing it in a traditional system** (database, ERP, document).\ Tokenizing it involves: - representing it using blockchain - adding traceability, immutability and automation - allowing new forms of management and transfer Tokenization **changes the operating model**, not just the format. **What types of companies can benefit from digital assets?** Digital assets aren't just for large corporations or tech startups. They are especially useful for: - SMEs looking for alternative funding - family businesses in succession processes - scale-ups that need agility - projects linked to real assets or communities The key is not the size of the company, but **the correct design of the model**. This page is informative. It is not legal, tax or investment advice, and it does not replace a case-by-case review. The rules cited change: check the current version on [BOE](https://www.boe.es) and [EUR-Lex](https://eur-lex.europa.eu).