#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 into BlackRock's BUIDL fund and engaging in Bitcoin spot trading with trading firm QCP. This means Securitize has generated a 20.71% return over the past year through this strategy.
Ace Hot Topic Analysis
Analysis
Securitize recently announced that its Bitcoin spot trading yield has nearly doubled to 20.71%. This is due to their use of BlackRock's BUIDL fund as collateral, and by converting stablecoins to BUIDL, they achieved a 20.71% annual return on their underlying Bitcoin trades with trading firm QCP. This news indicates that Securitize is leveraging its partnership with BlackRock, as well as its expertise in cryptocurrency trading, to optimize the returns on its portfolio. This is a positive sign for Securitize and also demonstrates the growing interest of institutional investors in the cryptocurrency market.
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Public Sentiment
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Classic Views
Securitize earned a 20.71% annualized return on its bitcoin spot trades by using BlackRock's BUIDL fund as collateral, nearly doubling its returns.
Securitize earned 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 trades also nearly doubled their returns, reaching 20.71%.
Securitize earned a high return on its bitcoin spot trades by using BlackRock's BUIDL fund as collateral and partnering with trading firm QCP.