Russia is keeping a close eye on the European Union's actions regarding frozen Russian assets. However, they are not currently planning to take any European assets, such as companies or banks. This stance could change if the EU decides to confiscate Russia's frozen assets. A high-ranking official f
Big banks are diving into the world of tokenization, turning traditional assets into digital tokens. This isn't just about crypto anymore. It's about making old-school finance work better with new tech. Goldman Sachs and BNY Mellon have already launched tokenized money market funds. These funds are
Every day, the world of finance and economics throws up new challenges and opportunities. This is where the Odd Lots newsletter comes in. It's a daily dose of insights, analysis, and discussions on the latest happenings in markets, finance, and the economy. Sometimes, it's the hosts, Joe Weisenthal
XDC Network, a blockchain platform, has taken over Contour, a digital trade finance platform. Contour, once supported by big banks like HSBC and Citi, faced challenges and closed down in late 2023. Now, under XDC's leadership, it's getting a fresh start with new funds and a plan to use stablecoins i
SODAX has just launched a new feature that lets people swap crypto across different blockchains quickly and at a lower cost. This service is now available to everyone on their website. Users can trade assets between 12 blockchains, including big names like Solana, Sui, and Ethereum, in just 20-30 se
A man found himself in a sticky situation after giving his business partner some tough love about marriage and money. He was worried about their shared business, which they had built from nothing. Long nights, shared risks, and personal sacrifices had gone into it. But now, his partner's fiancée's c
Blackstone, a major private equity firm, just made a huge move in the healthcare industry. They're buying Hologic, a company that makes medical devices for women's health, for a whopping $18 billion. This deal is one of the biggest of the year. Blackstone has been investing in healthcare and life s
Brazil's government is in a bit of a pickle. They need to figure out how to fill a hole in their 2026 budget. This happened because a plan to raise more money didn't get approved in time. The Finance Minister, Fernando Haddad, said they'd make a decision by Tuesday afternoon. The plan was pretty st
Mutuum Finance is gearing up for a significant milestone with the launch of its Version 1 (V1) protocol. This new version will introduce ETH lending and borrowing as key features, setting the stage for a more dynamic decentralized finance (DeFi) ecosystem. The V1 release is expected to hit the Sepol
The Crown Estate, a major property owner, has made a bold move. They've bought land in Oxfordshire. This is not just any land. It's part of a huge project. The project could be worth up to $6 billion. Yes, you read that right. Six billion dollars! This project is all about science and homes. It's c
