Digital Assets definition
Examples of Digital Assets in a sentence
DVP (Delivery Versus Payment): The Counterparty shall settle the relevant Transaction in Fiat Currency by the immediately following Banking Day (in the case of purchasing Digital Assets) or deliver the relevant Digital Assets (in the case of selling Digital Assets) within 24 hours of the Parties entering into such Transaction (each such deadline, a “Settlement Deadline”).
FOP (Free of Payment): Nonco Group shall settle the relevant Transaction in Fiat Currency by the immediately following Banking Day (in the case of purchasing Digital Assets) or deliver the relevant Digital Assets (in the case of selling Digital Assets) within 24 hours of the Parties entering into such Transaction (each such deadline, a “Settlement Deadline”).
This Digital Assets Risk Disclosure provides a description of certain risks associated with the Service provided by Nonco Group in relation to Digital Assets, but does not disclose or explain all the risks involved in the investment in digital assets and/or the use of the service.