This introductory panel provided a practical overview of the rapidly evolving legal and commercial framework governing digital asset lending and crypto-backed credit documentation, including collateral structures, perfection of security interests, valuation methodologies and enforcement considerations. The session will highlighted key legal, regulatory and documentation issues while offering practical insights into where digital asset finance is headed next. Presented by:  Elizabeth Yazgi, Assistant General Counsel, LSTA; Matthew Frankle, Partner, Haynes and Boone, LLP; Megha Kalbag, Partner, Dechert LLP and Margo H.K. Tank, Partner, DLA Piper LLP.