actifs

Decree of 17 September 2026: Nestlé, Auchan, and the former Leroy Merlin placed under “temporary administration” in Russia.

The groups retain the legal ownership of their subsidiaries… but lose control: appointments, strategy, financial flows.

The lesson for finance:
Owning an asset ≠ having the ability to dispose of it.

This raises a fundamental question, including for tokenization. A token represents a right. But if that right depends on a jurisdiction that can neutralize it, technology doesn’t protect against everything.

What matters: jurisdiction, preservation, exposure to sanctions, and the legal framework surrounding the asset.

What do you think?

#Tokenization #Blockchain #Finance #SovereignRisk #Actifs $AAPLB $MSFTB $NVDAB