#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 was achieved by converting stablecoins to BUIDL and then executing Bitcoin-based trades with trading firm QCP. This means Securitize can earn a 20.71% return annually through this strategy.
Ace Hot Topic Analysis
Analysis
Securitize announced that its Bitcoin spot trading yield has nearly doubled to 20.71%. This was achieved by converting stablecoins into BlackRock's BUIDL Fund, which was used as collateral for Bitcoin-based trades with trading firm QCP. This means that Securitize has achieved higher returns on its trades with QCP by leveraging the stability and liquidity of the BUIDL Fund. This news indicates that Securitize is actively exploring new strategies to enhance the returns of its portfolio and leverage its expertise in the digital asset space to create greater value for investors.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Securitize achieved a 20.71% annualized return on Bitcoin spot trading by using BlackRock's BUIDL fund as collateral.
Securitize achieved high returns by converting stablecoins to BUIDL and trading with trading firm QCP.
Securitize's returns nearly doubled, demonstrating its success in Bitcoin spot trading.
BlackRock's BUIDL fund, as collateral, provided security for Securitize's Bitcoin trades.