#Securitize Bitcoin Returns Double#
Hot Topic Overview
Overview
Securitize 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 for Bitcoin underlying trading. By converting stablecoins to BUIDL, Securitize has achieved a 20.71% return within a year.
Ace Hot Topic Analysis
Analysis
Securitize recently announced that its Bitcoin spot trading yield has nearly doubled to 20.71% by converting stablecoins into BlackRock's BUIDL fund and using it as collateral. This yield was achieved through a Bitcoin underlying trade with trading firm QCP, meaning Securitize can earn a 20.71% return annually. This news indicates that Securitize is leveraging its expertise in digital assets to enhance investment returns through innovative strategies. By converting stablecoins into the BUIDL fund, Securitize was able to achieve higher leverage, amplifying its trading gains. The success of this strategy also reflects the growing interest of institutional investors in digital assets and the increasing influence of large institutions like BlackRock in the digital asset space.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Securitize achieved a 20.71% annualized return on its Bitcoin underlying trades with trading firm QCP by converting stablecoins into the BUIDL fund.
Securitize used BlackRock's BUIDL fund as collateral, nearly doubling the return on its Bitcoin spot trades.
Securitize's Bitcoin Cash and arbitrage trading returns also increased significantly, reaching 20.71%.
Securitize's success story shows that converting stablecoins into the BUIDL fund for Bitcoin underlying trades can generate significant returns.