#Securitize Bitcoin Returns Double#
Hot Topic Overview
Overview
Securitize recently announced that its yield on bitcoin spot trading, using BlackRock's BUIDL fund as collateral, has nearly doubled to 20.71%. This is due to Securitize converting stablecoins to BUIDL and earning a 20.71% annual return on bitcoin-based trades with trading firm QCP. This news indicates that Securitize has successfully increased its bitcoin trading yield by leveraging the collateral capabilities of the BUIDL fund, showcasing its investment strategy and risk management capabilities in the digital asset space.
Ace Hot Topic Analysis
Analysis
Securitize has nearly doubled its returns on its Bitcoin spot trading to 20.71% by using BlackRock's BUIDL fund as collateral. According to The Block, Securitize achieved a 20.71% annual return on its Bitcoin underlying trades with trading firm QCP by converting stablecoins into BUIDL. This indicates that Securitize has successfully boosted its Bitcoin trading returns by leveraging BlackRock's BUIDL fund as collateral. This strategy could offer a new approach for other cryptocurrency companies on how to utilize institutional funds to enhance investment returns.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Securitize achieved a 20.71% annualized return on 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%.
BlackRock's BUIDL fund, as collateral, provided a reliable source of funding for Securitize's Bitcoin trading.