Alex Cutler, CEO and co-founder of Dromos Labs, makes the case that tokenized stocks are already a better product than the shares they represent.

He walks through how Coinbase’s new tokenized Apple, Nvidia, and Meta shares plug into nine DeFi protocols, including Aave, Morpho, and Euler, and argues that composability lets onchain markets beat the execution offered by Interactive Brokers, which he says extracts a 77% profit margin as a middleman.

Host:

    • Laura Shin – Founder, CEO and Host of Unchained

Guest:

This clip is from a longer conversation on Coinbase’s tokenized stock launch and Aerodrome’s early lead in trading it. Full episode here.

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Sponsor:

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