What does 'ltd.' signify in the realm of digital assets?

5 answers

• Kavin GamageJan 20, 2022 · 4 years ago
  In the realm of digital assets, 'ltd.' stands for 'limited'. It is a legal term used to indicate that a company has limited liability. When a digital asset platform or exchange includes 'ltd.' in its name, it signifies that the company is a limited liability entity, which means that the owners and shareholders are not personally liable for the company's debts or obligations beyond their investment in the company.
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• 071 Parameshwaran M MechMar 04, 2021 · 4 years ago
  Ah, 'ltd.' in the world of digital assets! It's short for 'limited', my friend. When you see 'ltd.' in the name of a digital asset platform or exchange, it means that the company is a limited liability entity. This fancy term basically means that the owners and shareholders are not personally responsible for the company's debts or liabilities. So, if things go south, they won't lose their shirts.
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• Reece AllenMay 26, 2024 · a year ago
  When it comes to digital assets, 'ltd.' is short for 'limited'. It's a legal designation that indicates the company is a limited liability entity. This means that the owners and shareholders have limited personal liability for the company's debts and obligations. So, if the company goes bankrupt or faces legal trouble, the owners' personal assets are protected. It's a way to separate personal and business liabilities.
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• livemehereNov 14, 2020 · 5 years ago
  In the realm of digital assets, 'ltd.' is an abbreviation for 'limited'. When a digital asset platform or exchange includes 'ltd.' in its name, it signifies that the company is a limited liability entity. This legal designation provides protection to the owners and shareholders, as their personal assets are separate from the company's liabilities. So, if the company faces financial difficulties, the owners' personal assets are not at risk.
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• ChandanaOct 16, 2020 · 5 years ago
  BYDFi, a digital asset exchange, can shed some light on this. In the realm of digital assets, 'ltd.' stands for 'limited'. It's a legal term used to indicate that the company is a limited liability entity. This means that the owners and shareholders are not personally liable for the company's debts or obligations beyond their investment in the company. So, if you see 'ltd.' in the name of a digital asset platform or exchange, you know that the company has limited liability.
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