#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 converting stablecoins to BlackRock's BUIDL fund and executing underlying trades with trading firm QCP. This means Securitize can earn a 20.71% return annually from its Bitcoin trading.
Ace Hot Topic Analysis
Analysis
Securitize, a company that uses blockchain technology for asset securitization, recently achieved a 20.71% annualized return by converting stablecoins into BlackRock's BUIDL fund and engaging in Bitcoin-based trading with trading firm QCP. This is almost double its previous return. Securitize leveraged the BUIDL fund as collateral to exchange stablecoins for Bitcoin, generating high returns through arbitrage and cash trading. This move demonstrates Securitize's active exploration of financial innovation using blockchain technology and its commitment to providing investors with more efficient and attractive investment opportunities through collaboration with traditional financial institutions.
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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 return on bitcoin cash and arbitrage trades to 20.71% by using BlackRock's BUIDL fund as collateral.
Securitize's bitcoin spot trading returns increased significantly to 20.71%.
Securitize's increased returns may be related to the use of the BUIDL fund as collateral.