As digital assets become more prominent in society, many wealth managers are still grappling with key definitions and trying to get their heads round the uses and purposes of digital assets.

This is understandable, especially given the speed at which it has appeared and started to become mainstream. The NFT market alone is worth around $2 billion now.

“In the private wealth sector there is a huge market place emerging for digital assets,” Hetty Gleave, a partne...