#Securitize Bitcoin Returns Double#
Hot Topic Overview
Overview
Securitize has nearly doubled its return on its Bitcoin spot trading to 20.71% by using BlackRock's BUIDL Fund as collateral. By converting stablecoins to BUIDL, Securitize earns a 20.71% annual return on its underlying Bitcoin trades with trading firm QCP. This improved return is primarily due to Securitize's ability to secure lower borrowing costs by using the BUIDL Fund as collateral, thereby enhancing trading profits.
Ace Hot Topic Analysis
Analysis
Securitize, a digital asset securitization platform, recently announced that its Bitcoin spot trading yield has nearly doubled to 20.71%. This growth is attributed to Securitize using BlackRock's BUIDL fund as collateral and generating returns through a Bitcoin underlying trade with trading firm QCP by converting stablecoins to BUIDL. This means Securitize can access funding at a lower cost, thereby boosting its trading returns. This news indicates that institutional investor interest in digital assets is growing and they are seeking new ways to participate in this market. Securitize's success story also demonstrates that digital assets can achieve wider adoption and higher returns by leveraging traditional financial tools and technologies.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Securitize achieved a 20.71% annualized return on its Bitcoin spot trading by using BlackRock's BUIDL fund as collateral.
Securitize partnered with trading firm QCP to execute Bitcoin underlying trades by converting stablecoins to BUIDL.
Securitize's Bitcoin Cash and arbitrage trading returns also nearly doubled, reaching 20.71%.
Securitize leveraged BlackRock's BUIDL fund as collateral to boost its Bitcoin trading returns.