Metaverse
AI could kill the brokerage industry’s cash cow – Crypto News
Chubak believes that if they do so, they can weather the AI storm. He calculates that a platform fee as low as 0.07%, or seven basis points, on average, would probably suffice. “This would subsidize lost revenue from offering higher payouts on customer cash, and improve the durability of earnings, supporting a higher target P/E [price/earnings] multiple,” he wrote.
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