Unchained

How Tokenized Stocks Could Undercut Interactive Brokers' 77% Profit Margin

📅 August 28, 2026 ⏱️ 31m

Coinbase just launched fully backed tokenized stocks on Base. Dromos Labs’ Alex Cutler says they’ll chip away at Interactive Brokers "77% profit margin." ======================================================== Thank you to our sponsor! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠