Browse CFA Level 1

Chapter 7: Introduction to Digital Assets

Chapter 7: Introduction to Digital Assets (CFA Level 1): Key concepts, definitions, and exam tips with practical examples. Use it to reinforce intuition and avoid common pitfalls.

In this section

  • Blockchain Technology and Distributed Ledgers
    Blockchain Technology and Distributed Ledgers (CFA Level 1): Setting the Scene, Understanding the Basics of DLT, and Components of a Blockchain. Key definitions, formulas, and exam tips.
  • Cryptocurrencies, Stablecoins, and Tokenization
    Cryptocurrencies, Stablecoins, and Tokenization (CFA Level 1): Cryptocurrencies: Fundamentals and Use Cases, Emergence and Role of Stablecoins, and Tokenization. Key definitions, formulas, and exam tips.
  • Regulatory Developments and Custody Solutions
    Regulatory Developments and Custody Solutions (CFA Level 1): Global Regulatory Landscape, Key Themes in Regulation, and Defining Digital Assets Across Jurisdictions. Key definitions, formulas, and exam tips.
  • Valuation Frameworks and Portfolio Applications
    Valuation Frameworks and Portfolio Applications (CFA Level 1): Key Valuation Approaches, Fundamental Analysis, and Technical Analysis. Key definitions, formulas, and exam tips.
  • Central Bank Digital Currencies
    Central Bank Digital Currencies (CFA Level 1): Defining Central Bank Digital Currencies, Potential Benefits, and Faster Transaction Settlement. Key definitions, formulas, and exam tips.
  • Smart Contract Platforms and Protocols
    Smart Contract Platforms and Protocols (CFA Level 1): Role of Smart Contracts in Digital Assets, Key Features and Architecture, and Trustless Execution. Key definitions, formulas, and exam tips.
  • Crypto Mining, Staking, and Yield Generation
    Crypto Mining, Staking, and Yield Generation (CFA Level 1): Proof of Work and Crypto Mining and Infrastructure and Capital Requirements. Key definitions, formulas, and exam tips.
  • Risk Management in Digital Asset Portfolios
    Risk Management in Digital Asset Portfolios (CFA Level 1): Setting the Context, Volatility and Correlation Shifts, and Practical Stress Testing and Scenario Analysis. Key definitions, formulas, and exam tips.
  • Cross-Chain Solutions and Layer-2 Scalability
    Cross-Chain Solutions and Layer-2 Scalability (CFA Level 1): Key Concepts in Cross-Chain Interoperability, Interoperability Essentials, and Bridges. Key definitions, formulas, and exam tips.
  • Asset-Backed Tokens and Digital Securities
    Asset-Backed Tokens and Digital Securities (CFA Level 1): Key Concepts, What are Asset-Backed Tokens?, and Digital Securities (Security Tokens). Key definitions, formulas, and exam tips.
  • Governance Tokens and Decentralized Autonomous Organizations
    Governance Tokens and Decentralized Autonomous Organizations (CFA Level 1): Governance Token Mechanics, Decentralized Autonomous Organizations, and DAO Life Cycle. Key definitions, formulas, and exam tips.
  • Advanced Cryptography and Privacy Tokens
    Advanced Cryptography and Privacy Tokens (CFA Level 1): Elliptic Curve Cryptography (ECC), Zero-Knowledge Proofs (ZKPs), and Magic of ZK-SNARKs. Key definitions, formulas, and exam tips.
  • Market Microstructure in Digital Exchanges
    Market Microstructure in Digital Exchanges (CFA Level 1): Structure and Participants, Centralized Exchanges (CEXs), and Decentralized Exchanges (DEXs). Key definitions, formulas, and exam tips.
  • Global Regulatory Coordination and Harmonization
    Global Regulatory Coordination and Harmonization (CFA Level 1): Emergence of a Fragmented Regulatory Landscape, Push Toward Global Harmonization, and Key Harmonization Goals. Key definitions, formulas, and exam tips.
  • Digital Asset Insurance and Coverage Options
    Digital Asset Insurance and Coverage Options (CFA Level 1): Insurance Landscape for Digital Assets, Key Coverage Options, and Hot Wallet Coverage. Key definitions, formulas, and exam tips.
  • Philanthropy and Donation Mechanisms via Cryptocurrencies
    Philanthropy and Donation Mechanisms via Cryptocurrencies (CFA Level 1): Evolution of Crypto Philanthropy, Key Concepts and Mechanisms, and Crypto Philanthropy. Key definitions, formulas, and exam tips.

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