#Securitize Bitcoin Returns Double#
Hot Topic Overview
Overview
Securitize announced that its Bitcoin spot trading yield has nearly doubled to 20.71%. This was achieved by converting stablecoins into BlackRock's BUIDL fund and executing Bitcoin spot trades with trading firm QCP. This means Securitize can earn a 20.71% return annually, thanks to its cash and arbitrage trading strategy that leverages the BUIDL fund as collateral.
Ace Hot Topic Analysis
Analysis
Securitize, a digital asset securitization platform, recently announced that its Bitcoin spot trading yield has nearly doubled to 20.71%. This growth is attributed to Securitize using BlackRock's BUIDL fund as collateral and converting stablecoins to BUIDL, resulting in a 20.71% annual return on Bitcoin underlying trades with trading firm QCP. This means that Securitize has successfully increased its Bitcoin trading yield by leveraging BlackRock's BUIDL fund, demonstrating the growing interest of institutional investors in the digital asset space and opening up new opportunities and possibilities for digital asset trading.
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 exchanging stablecoins for BlackRock's BUIDL fund and engaging in bitcoin-based trades with trading firm QCP.
Securitize nearly doubled its returns on bitcoin cash and arbitrage trades to 20.71% by using BlackRock's BUIDL fund as collateral.
Securitize's bitcoin spot trading returns have significantly increased to 20.71%.
Securitize leverages BlackRock's BUIDL fund as collateral, providing strong support for its bitcoin trading strategy.