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Finance & Markets

Brazil’s Depressed Valuations Drive Wave of Stock Delistings

Depressed valuations and stagnant trading volumes are pushing a growing number of companies to go private in Brazil, further eroding the country’s weight in global equity portfolios.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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A token is a claim, not the asset

Tokenizing an asset is the easy part. The token is a claim, and a claim is only worth the obligation behind it. Here is the checklist I actually care about when I review one.

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