Old Men, New Money®: Bitcoin, Blockchain & Tokenization

Douglas Borthwick, Phil Larmon and Ali Davoudi

The Authority's Guide to Tokenization & Digital Assets. Tired of crypto advice from influencers who've never executed a real securities offering? Douglas Borthwick (pioneer of the first SEC-registered security token IPO), Phil Larmon, and Ali Davoudi bring decades of Wall Street experience to blockchain innovation—and they're not here to sell you the latest memecoin. What makes us different: Douglas made history raising $85 million in the world's first regulated token IPO. We've survived multiple market crashes, built real wealth through traditional investing, and now we're showing how tokenization reshapes serious portfolios. No hype. Just the creator of the "Insumer Model" asking questions crypto Twitter won't. Every episode delivers: Exclusive interviews with industry pioneers (not Twitter personalities), Real tokenization opportunities from someone who's actually executed them Security token strategies that work within regulatory frameworks, Market analysis from the author of 5 blockchain books. Perfect for: Executives and institutional investors exploring tokenization without the learning curve. If you're making real investment decisions, this show is for you. Recent guests include: Samson Mow, former FTX executives, and entertainment industry pioneers. New episodes every Tuesday. Subscribe and join 13,000+ investors learning from the person who literally wrote the book on tokenization. Warning: We occasionally reference SEC filings and things before Bitcoin existed. oldmennewmoney.substack.com

  1. HACE 4 DÍAS

    Episode 6: Ethereum vs Solana: The Infrastructure Battle

    Ethereum vs. Solana: The Future of Tokenized Equity In this episode of 'Old Men New Money,' Douglas Borthwick discusses the major infrastructure decision in digital securities: Ethereum versus Solana. He highlights Galaxy Digital's choice to tokenize NASDAQ-listed shares on Solana, marking a significant shift from Ethereum due to Solana's high performance and lower costs. Borthwick argues that while Ethereum has institutional credibility and regulatory comfort, it falls short in terms of transaction speed and cost compared to Solana. He provides a detailed comparison of the two blockchains, emphasizing Solana's advantages for high-frequency trading and consumer-facing applications. Borthwick concludes that trends in developer migration and transaction volume favor Solana, marking it as the future leader in smart contract platforms. The episode also teases a future discussion on stablecoins. 00:00 Introduction to the Debate: Ethereum vs. Solana 00:12 Galaxy Digital's Groundbreaking Move 00:58 Ethereum vs. Solana: A Performance Comparison 02:26 The Regulatory Shift and Its Implications 04:42 Ethereum's Struggles in High-Frequency Markets 05:27 Why Solana is the Future for High Throughput Applications 06:31 Developer Migration to Solana 07:36 Solana's Real-World Usage and Efficiency 09:48 The Layer Two Debate and Solana's Unified Approach 10:40 Ethereum's Strengths and Limitations 11:42 Solana's Security and Network Stability 14:19 Future Predictions and Strategic Advice 18:07 Conclusion and Next Episode Preview Get full access to Bitcoin, Blockchain and Tokenization at oldmennewmoney.substack.com/subscribe

    19 min
  2. HACE 5 DÍAS

    Episode 5: Blockchain 101: What Wall Street Needs to Know

    Blockchain Basics: Understanding the Technology that Powers Digital Securities In this episode of Old Men New Money, Douglas Borthwick begins module two of the educational series on digital securities, focusing on blockchain technology. He explains what a blockchain is, its security features, and the differences between public and private blockchains. The episode covers the benefits of blockchain for finance, including instant settlement, fractional ownership, and programmable compliance. Borthwick emphasizes the importance of understanding the technology as major financial institutions implement blockchain strategies. He also discusses the economic models of various blockchains and highlights their adoption and risks. The concluding advice urges finance professionals to gain hands-on experience and follow thought leaders in the blockchain space. 00:00 Introduction to Module Two: Blockchain Technology 00:53 Understanding Blockchain Basics 01:38 The Importance of Blockchain in Finance 02:32 How Blockchain Settlement Works 03:39 Detailed Explanation of Blockchain Mechanics 06:16 Public vs. Private Blockchains 07:47 Smart Contracts and Their Impact 09:05 Blockchain's Advantages for Digital Securities 10:46 Decentralization and Its Significance 13:34 Performance and Scalability of Blockchains 15:00 Consensus Mechanisms Explained 16:11 Current Blockchain Adoption and Statistics 17:15 Risks and Challenges of Blockchain 18:22 Practical Steps to Engage with Blockchain 19:31 Conclusion and Next Episode Preview Get full access to Bitcoin, Blockchain and Tokenization at oldmennewmoney.substack.com/subscribe

    21 min
  3. 30 OCT

    Episode 4: Unmasking the Unseen: The Infrastructure Powering Digital Securities

    The Critical Role of Infrastructure in Digital Securities In this episode of Old Men New Money, Douglas Borthwick discusses the often-overlooked but essential role of infrastructure in the digital securities market. He emphasizes the importance of alternative trading systems, transfer agents, and custodians in ensuring the smooth functioning of digital securities. Douglas draws from his experience at INX to explain how they built their own infrastructure to support digital assets, including the acquisition of Open Finance and Tokensoft's transfer agent. He explains the different custody models, the role of transfer agents in maintaining accurate records and compliance, and the challenges ATSs face in achieving liquidity. The episode concludes with an outlook for the future of digital securities infrastructure and practical advice for issuers and investors. This comprehensive discussion highlights the critical importance of robust infrastructure in the success and growth of the digital securities market. 00:00 Introduction to Digital Securities Infrastructure 00:10 The Importance of Infrastructure in Digital Securities 00:44 Building the Necessary Infrastructure 01:09 Critical Components of Digital Securities Infrastructure 03:20 Custody Models and Providers 07:08 Role of Transfer Agents 10:41 Trading Venues and Market Liquidity 15:39 Global Developments and Regulatory Landscape 20:00 Future of Digital Securities Infrastructure 21:15 Practical Advice for Issuers and Investors 24:10 Conclusion and Future Modules Get full access to Bitcoin, Blockchain and Tokenization at oldmennewmoney.substack.com/subscribe

    26 min

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The Authority's Guide to Tokenization & Digital Assets. Tired of crypto advice from influencers who've never executed a real securities offering? Douglas Borthwick (pioneer of the first SEC-registered security token IPO), Phil Larmon, and Ali Davoudi bring decades of Wall Street experience to blockchain innovation—and they're not here to sell you the latest memecoin. What makes us different: Douglas made history raising $85 million in the world's first regulated token IPO. We've survived multiple market crashes, built real wealth through traditional investing, and now we're showing how tokenization reshapes serious portfolios. No hype. Just the creator of the "Insumer Model" asking questions crypto Twitter won't. Every episode delivers: Exclusive interviews with industry pioneers (not Twitter personalities), Real tokenization opportunities from someone who's actually executed them Security token strategies that work within regulatory frameworks, Market analysis from the author of 5 blockchain books. Perfect for: Executives and institutional investors exploring tokenization without the learning curve. If you're making real investment decisions, this show is for you. Recent guests include: Samson Mow, former FTX executives, and entertainment industry pioneers. New episodes every Tuesday. Subscribe and join 13,000+ investors learning from the person who literally wrote the book on tokenization. Warning: We occasionally reference SEC filings and things before Bitcoin existed. oldmennewmoney.substack.com

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