#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 yield was achieved by converting stablecoins to BUIDL and executing Bitcoin underlying trades with trading firm QCP. This means Securitize can earn a 20.71% return annually through this strategy.
Ace Hot Topic Analysis
Analysis
Securitize is a digital asset securitization platform that uses BlackRock's BUIDL fund as collateral for Bitcoin spot trading. Recently, Securitize's Bitcoin spot trading return rate has nearly doubled to 20.71%. This is because Securitize exchanged stablecoins for BUIDL and earned a 20.71% annualized return on the underlying Bitcoin trade with trading firm QCP. This result shows that by leveraging the BUIDL fund as collateral, Securitize can achieve higher returns in the Bitcoin market. This is good news for investors, as it means they can earn higher returns through the Securitize platform. However, it is important to note that investing in digital assets carries risks, and investors should invest cautiously.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Securitize achieved a 20.71% annualized return on its Bitcoin spot trading through a deal with trading firm QCP, using BlackRock's BUIDL fund as collateral.
Securitize's Bitcoin spot trading return nearly doubled to 20.71%.
Securitize's Bitcoin Cash and arbitrage trading returns also nearly doubled to 20.71%, using BlackRock's BUIDL fund as collateral.
Securitize's high returns are due to its partnership with trading firm QCP and the support of BlackRock's BUIDL fund as collateral.