Research Study
Introduction to Digital Assets
An overview for institutional investors
March 17, 2026 • 25 min read
Executive Summary
As networks, applications, and market infrastructure continue to mature, institutional investors are evaluating how digital assets may complement portfolio construction, diversify exposures, or support long‑term strategic objectives.
“Introduction to Digital Assets” provides institutional investors with a foundational overview of the landscape, from early network design to today’s programmable platforms, decentralized applications (dApps), and emerging investment vehicles.
This introductory report outlines the core concepts shaping the asset class and offers a starting point for institutions assessing whether digital assets align with their investment frameworks. Key themes include:
- How digital assets evolved following Bitcoin’s launch with the introduction of programmable networks like Ethereum and high‑performance architectures like Solana
- The role of smart contracts and dApps in enabling new categories such as decentralized finance, stablecoins, and non‑fungible tokens
- Investment considerations across networks (including Bitcoin, Ether, Solana, and Litecoin), and how their design differences may translate into distinct roles within a portfolio
- Access pathways for institutions, with an overview of regulated spot exchange-traded products, private funds, and direct exposure frameworks
Download the full report to explore how key networks, applications, and investment structures may fit into your institutional strategy.
The information herein was prepared by Fidelity Digital Assets, National Association (“FDA, NA”) and Fidelity Digital Assets, Ltd (“FDA, LTD”). It is for informational purposes only and is not intended to constitute a recommendation, investment advice of any kind, or an offer to buy or sell any asset. Perform your own research and consult a qualified advisor to see if digital assets are an appropriate investment option.
Digital assets are speculative and highly volatile, can become illiquid at any time, and are for investors with a high risk tolerance. Investors in digital assets could lose the entire value of their investment. Digital assets are not insured or guaranteed by the Federal Deposit Insurance Corporation, or any other government agency, and are not obligations of any bank.
Custody and trading of digital assets are provided by FDA, NA, which is a national trust bank. FDA, LTD relies on FDA, NA for these services. FDA, LTD is registered with the Financial Conduct Authority under the U.K.’s Money Laundering Regulations. The Financial Ombudsman Service and the Financial Services Compensation Scheme do not apply to the cryptoasset activities carried on by FDA, LTD.
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FDA, NA and FDA, LTD do not provide tax, legal, investment, or accounting advice. This material is not intended to provide, and should not be relied on, for tax, legal, or accounting advice. Tax laws and regulations are complex and subject to change. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.
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