#Securitize Bitcoin Returns Double#
Hot Topic Overview
Overview
Securitize has recently seen significant revenue growth through its Bitcoin spot trading. It is reported that Securitize has achieved an annualized return rate of nearly double, reaching 20.71%, in Bitcoin underlying transactions with trading firm QCP, using BlackRock's BUIDL fund as collateral. This increase in return is mainly attributed to the conversion of stablecoins to BUIDL, which has improved trading efficiency and profitability.
Ace Hot Topic Analysis
Analysis
Securitize is a blockchain platform that uses BlackRock's BUIDL fund as collateral for spot Bitcoin trading. Recently, Securitize's spot Bitcoin trading returns have nearly doubled to 20.71%. This was achieved by converting stablecoins to BUIDL and then executing underlying Bitcoin trades with trading firm QCP. This means that Securitize can earn a 20.71% return annually through this strategy. The increase in this return rate is likely due to the collateralization of the BUIDL fund and the advantages of Securitize's partnership with QCP.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Securitize achieved a 20.71% annualized return on its Bitcoin spot trading by using BlackRock's BUIDL fund as collateral.
Securitize achieved high returns by converting stablecoins to BUIDL and engaging in Bitcoin spot trading with trading firm QCP.
Securitize's Bitcoin Cash and arbitrage trading returns also increased significantly, reaching 20.71%.
Securitize leveraged BlackRock's BUIDL fund as collateral to provide funding for its Bitcoin trading strategy.