The current shakeout of the digital asset sector is ultimately likely to be healthy for the industry. Despite the market state, we believe focus should be on the tokens that power blockchains and on applications with strong user adoption, developer activity, clear use cases and roadmaps to cashflow and profits. Also, stablecoins have the ability to coexist with potential central bank digital currencies, and non-fungible tokens (NFTs) are moving beyond just art and collectibles. In this episode, Alkesh explains what the digital asset sector's price volatility means and how the digital asset space is continuing to evolve. You may also enjoy listening to the Merrill Perspectives podcast, featuring conversations on the big stories, news and trends affecting your everyday financial life.

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