Derivative acquisition in the context of digital assets is, as it is in the context of truly corporeal things, a matter of one person’s ownership of the thing transferring to another. In broad terms (and leaving to one side transfers following death and involuntary transfers in the transferor’s lifetime), for the law to recognise ownership of a corporeal thing to have been transferred, there must be both an intention on the part of the parties that ownership should pass and delivery of the thing. 40.