#Securitize Bitcoin Returns Double#
Hot Topic Overview
Overview
Securitize recently achieved significant gains in its Bitcoin-based trades with trading firm QCP by converting stablecoins into BlackRock's BUIDL fund and using it as collateral. Its annualized return rate has nearly doubled, reaching 20.71%. This improvement in return is attributed to Securitize's switch from Bitcoin cash and arbitrage trading collateral to the BUIDL fund, enhancing trading efficiency and profitability.
Ace Hot Topic Analysis
Analysis
Securitize, a company that uses blockchain technology for securitization, has recently achieved significant gains in Bitcoin spot trading. Through a partnership with trading firm QCP, Securitize converted stablecoins into BlackRock's BUIDL fund, generating a 20.71% annualized return on Bitcoin underlying trades. This is nearly double its previous return rate. The improved return is primarily attributed to the use of the BUIDL fund as collateral, which enabled Securitize to access funds at a lower cost, thereby enhancing the profitability of its trades. This case demonstrates the immense potential of blockchain technology in the financial sector, enabling institutional investors to achieve higher returns.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Securitize achieved a 20.71% annualized return on its bitcoin spot trades with trading firm QCP by converting stablecoins into the BUIDL fund.
Securitize used BlackRock's BUIDL fund as collateral, nearly doubling its bitcoin cash and arbitrage trading returns to 20.71%.
Securitize's significantly improved bitcoin spot trading returns demonstrate the effectiveness of the BUIDL fund as collateral.
Securitize's success story shows that high-yielding bitcoin trading can be achieved through the use of stablecoins and collateral.