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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
Issues103Founded2 years agoLast Issue13 days ago
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Artwork for Old Men, New Money

Latest Issues

JPMorgan, Bank of America, Citi, and Wells Fargo Are Merging Their Blockchain Deposit Projects Into One Network. Here's Why It Matters.

The Big Four Are Moving to Shared Rails

JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo are consolidating their separate blockchain deposit experiments into a single shared network operated by The Clearing House. The move br...

13 days ago
7

Japan's AZ-COM Maruwa Is Moving 2,300 Logistics Partners onto a Yen Stablecoin. Here's Why a Tokyo-Listed Company Is Settling With Its Drivers in JPYC.

The Logistics Giant Running the Experiment

AZ-COM Maruwa Holdings, a Tokyo-listed logistics company that distributes for Amazon Japan, announced it will pay roughly 2,300 subcontractors and delivery drivers in JPYC, Japan’s first regula...

20 days ago
4
1

DTCC Just Tokenized Real Stock and Treasury Bonds in Live Production. JPMorgan, Vanguard, and BlackRock Are Trading Them Now.

On July 15, 2026, the Depository Trust & Clearing Corporation flipped the switch on something Wall Street has been talking about for half a decade. It issued tokenized representations, what DTCC itself calls digital twins, of securities it...

a month ago
7
1

Six markets, one question, one screen

There was a time when an asset had one price and one crowd looking at it. That is over. Today the same reality gets priced, at the same moment, by crowds who never talk to each other and who are betting through completely different instrume...

a month ago
4

SWIFT Just Put 17 Banks on a Shared Blockchain Ledger. Here's Why Citi and HSBC Signed On.

SWIFT Flipped the Switch

SWIFT announced July 9 that its blockchain-based shared ledger has entered initial operational status. Seventeen global banks are now preparing to use it to transfer tokenized deposits around the clock, includin...

a month ago
2

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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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