
The Old Men Teaching the New Money
Tokenized Treasuries. Bank stablecoins. AI agents that pay. Explained by Wall Street veterans.
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Latest Insights
Analysis and commentary from the OMNM team

Morgan Stanley Is Using DTCC’s Tokenization Service. How Much Is Moving?
Morgan Stanley used the service without disclosing volume. Société Générale accepted $10 million in tokenized Treasurys as collateral. Post-launch conversion totals remain unknown.

DTCC Launched Tokenized Securities on Schedule. Transfers Run 24/7. Conversions Don't.
DTCC's tokenized securities service is live. Transfers run around the clock. Conversions run on business days. Here is why that gap is the whole story.

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Blockchain, in the language of P/E ratios.
The Bridge is weekly institutional research on blockchain, agentics, and tokenization, and the public companies bridging Wall Street and Web3. The retail edition is $399. Because you’re part of the OMNM community, it’s yours for $349.
OMNM co-host Douglas Borthwick co-founded The Bridge with Steve Kraus (ex-Credit Suisse HOLT). We may earn a commission.