Chevron announced plans to sell $6.5 billion in assets to Canadian Natural Resources as part of a strategic overhaul aimed at streamlining operations and focusing on more lucrative ventures. This move reflects Chevron’s ongoing efforts to optimize its portfolio.
Tokenizing assets on blockchain, such as artwork, equities, and real estate, is becoming increasingly popular. But without proof of reserves, investors are left exposed to risks, including misallocated funds and a loss of liquidity.