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Artwork for Old Men, New Money

Three Wall Street pros decode Bitcoin, Blockchain, Tokenization and Agentics for serious investors. Douglas, Phil & Ali interview pioneers & deliver actionable strategies. Old Men, New Money®

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Substack
PricingFreemiumPublishesTwice weekly
Issues108Founded2 years agoLast Issue3 days ago
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Artwork for Old Men, New Money

Latest Issues

Goldman Sachs Was a Holdout in August. It Just Turned Up as a Founding Member of a 21-Bank Stablecoin Company.

Twenty-one financial institutions are forming a company to issue stablecoins pegged to G7 currencies. A dollar token first, a euro token after, targeted at the first half of 2027. Bank of America, Citigroup, Goldman Sachs and Mitsubishi UFJ...

3 days ago

Coinbase Put Apple, Nvidia, Meta, and Alphabet on Base. The Tokens Aren't the Story.

A tokenized stock stopped being a picture of a share and started behaving like a blockchain asset — with an Abu Dhabi trust underneath it, an oracle that turns dividends into arithmetic, and a lending market switched on before the openin...

9 days ago
4
1

The SEC Just Wrote Its Own Crypto Rulebook While Congress Was Out of Town. It Leaves Out Congress's Insider Lockup.

The Commission Moved First

On August 18, 2026, the Securities and Exchange Commission proposed Regulation Crypto Assets, the first bespoke offering regime for tokens in the agency’s history. The timing was not subtle. Earlier this month...

17 days ago
2

Wells Fargo Is Launching Tokenized Deposits. The Stablecoin War Just Became a Race Between Trust and Portability.

On August 4, Wells Fargo announced it will launch tokenized deposits for corporate and commercial clients this fall. The rollout starts narrow: a limited U.S. dollar to British pound corridor, offered to select participating clients, runnin...

24 days ago
5
1

BlackRock Is Bringing a $311 Billion Cash Business Onchain. The Real Prize Is Stablecoins.

BlackRock announced this week that it’s launching tokenized share classes for select money market funds denominated in pounds, euros, and US dollars. JPMorgan’s Kinexys platform handles the plumbing, minting the tokens on Ethereum and linki...

a month ago
7
1

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Authors

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  • Old Men, New Money

    Three finance veterans decode Bitcoin, Blockchain, Tokenization and AI for traditional investors. Where Wall Street wisdom meets crypto innovation. oldmennewmoney.com

  • Phil Larmon
  • Douglas C Borthwick

    Blockchain and Crypto pioneer. Interest in security tokens and tokenization.

  • Ali Davoudi

    Bitcoin maximalist through and through

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