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Digital commodities gain traction as onchain assets behave like tradeable goods

The concept emphasizes assets with open-market supply and demand drivers, rather than value tied to a specific company or central issuer.

Reported · Written up by our desk · Market Structure

The Block outlines what it calls a digital commodity, defining it as an onchain asset whose value comes from public supply and demand instead of the efforts of a company or a central issuer.

According to The Block, digital commodities are designed to be freely transferable and traded on public markets, which causes them to behave more like traditional commodities such as gold than like a stock position in a company.

In that framework, the key distinction is that the asset’s market price is shaped primarily by trading activity and liquidity, rather than by corporate performance or central control.

Latest closeGold $4,078.90 ▲0.3%

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