> For the complete documentation index, see [llms.txt](https://whitepaper.turncoin.com/turncoin-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whitepaper.turncoin.com/turncoin-whitepaper/turncoin/4.1-turncoin-digital-security-asset.md).

# 4.1 TURNCOIN – DIGITAL SECURITY ASSET

TheXchange is the holding company that owns and operates the VirtualStaX Ecosystem.

TurnCoin is the Digital Security of TheXchange.

* TurnCoin is **not** a Cryptocurrency.
* TurnCoin is **not** a Digital Currency.

TurnCoin is a regulatory compliant **Digital Security** that powers TheXchange & VirtualStaX worldwide. It’s an ERC-20 Digital Security Token minted on the Ethereum blockchain.

TurnCoin generates the capital to; develop, promote & manage TheXchange worldwide.


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