#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 increase is attributed to Securitize converting stablecoins to BUIDL and earning returns from underlying Bitcoin trades with trading firm QCP. This signifies that Securitize has successfully enhanced its Bitcoin trading profitability by leveraging the collateral capabilities of the BUIDL fund, resulting in higher returns for investors.
Ace Hot Topic Analysis
Analysis
Securitize recently announced that its Bitcoin spot trading yield has nearly doubled to 20.71%. This is due to its use of BlackRock's BUIDL fund as collateral and its partnership with trading firm QCP. Securitize converts stablecoins to BUIDL, then uses BUIDL as collateral for Bitcoin-based trading, resulting in a 20.71% annual return. This news indicates that Securitize has successfully increased its Bitcoin trading yield by leveraging BlackRock's BUIDL fund. This could signal that more institutional investors will utilize similar strategies in the future to participate in the Bitcoin market and achieve higher returns.
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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 nearly doubled its returns on bitcoin spot trades using BlackRock's BUIDL fund as collateral.
Securitize also nearly doubled its returns on bitcoin cash and arbitrage trades, reaching 20.71%.
Securitize leveraged the BUIDL fund as collateral to achieve high-yielding bitcoin trading strategies in partnership with trading firm QCP.