#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 to BlackRock's BUIDL fund and engaging in Bitcoin spot trading with trading firm QCP. This means Securitize can earn a 20.71% return annually.
Ace Hot Topic Analysis
Analysis
Securitize, a company that uses blockchain technology for securitization, recently announced that its Bitcoin spot trading yield has nearly doubled to 20.71%. This increase in yield is attributed to Securitize's use of BlackRock's BUIDL Fund as collateral. The BUIDL Fund is a fund specifically established by BlackRock for the cryptocurrency market, aiming to provide liquidity and stability to the market. By exchanging stablecoins for BUIDL, Securitize achieved a 20.71% annualized return on its Bitcoin underlying trades with trading firm QCP. This news indicates that Securitize is leveraging its expertise in blockchain technology and financial markets to create new investment opportunities for investors and bring more liquidity and stability to the cryptocurrency market.
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Public Sentiment
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Classic Views
Securitize achieved a 20.71% annualized return by converting stablecoins into BlackRock's BUIDL fund and engaging in bitcoin-based trades with trading firm QCP.
Securitize also nearly doubled its returns on bitcoin cash and arbitrage trades, using BlackRock's BUIDL fund as collateral, reaching 20.71%.
Securitize's significantly improved bitcoin spot trading returns demonstrate its strong investment capabilities in the digital asset space.
BlackRock's BUIDL fund, serving as collateral, provides Securitize with a stable funding source, enabling it to achieve higher returns in the bitcoin market.