#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 can earn a 20.71% return annually, thanks to its cash and carry arbitrage trades using the BUIDL fund as collateral.
Ace Hot Topic Analysis
Analysis
Securitize, a digital asset tokenization platform, recently announced that its Bitcoin spot trading yield has nearly doubled to 20.71%. This is due to Securitize using BlackRock's BUIDL fund as collateral and partnering with trading firm QCP. By exchanging stablecoins for BUIDL, Securitize has achieved a 20.71% annual return on its underlying Bitcoin trades. This news indicates that Securitize is leveraging its partnership with BlackRock and its expertise in the digital asset space to achieve higher returns. This is a positive sign for Securitize and also demonstrates that the digital asset market is constantly evolving and providing more opportunities 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 generated returns by converting stablecoins to BUIDL and engaging in Bitcoin underlying trades with trading firm QCP.
Securitize's Bitcoin Cash and arbitrage trading returns also nearly doubled, reaching 20.71%.
Securitize leveraged BlackRock's BUIDL fund as collateral to achieve high-yielding Bitcoin trading strategies.