#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 using BlackRock's BUIDL fund as collateral and conducting underlying trades with trading firm QCP. Securitize exchanged stablecoins for BUIDL, resulting in a 20.71% return over a year.
Ace Hot Topic Analysis
Analysis
Securitize has achieved significant gains in its Bitcoin spot trading by exchanging stablecoins for BlackRock's BUIDL fund and using it as collateral in a trade with trading firm QCP. According to The Block, Securitize's Bitcoin spot trading return has nearly doubled, reaching an annualized return of 20.71%. This improved return is attributed to the collateralization of the BUIDL fund, which allowed Securitize to access funds at a lower cost, thereby enhancing its trading profitability. This success story of Securitize demonstrates that higher Bitcoin trading returns can be achieved by leveraging institutional capital and innovative financial tools.
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Public Sentiment
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Classic Views
Securitize achieved a 20.71% annualized return on its bitcoin spot trades by using BlackRock's BUIDL fund as collateral, nearly doubling its returns.
Securitize's bitcoin cash and arbitrage trading returns also nearly doubled to 20.71%.
Securitize achieved significant returns on its bitcoin trades by using BlackRock's BUIDL fund as collateral.
Securitize achieved a 20.71% annualized return on its bitcoin spot trades by exchanging stablecoins for BlackRock's BUIDL fund and engaging in bitcoin-based trades with trading firm QCP.