#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 engaging in Bitcoin spot trading with trading firm QCP. This means Securitize can earn a 20.71% return annually.
Ace Hot Topic Analysis
Analysis
Securitize, a company that uses blockchain technology for securitization, has recently achieved significant returns in Bitcoin spot trading. Through a partnership with trading firm QCP, Securitize converted stablecoins into BlackRock's BUIDL fund, achieving a 20.71% annualized return. This is almost double the returns it previously achieved from Bitcoin Cash and arbitrage trading using the BUIDL fund as collateral. This achievement demonstrates Securitize's breakthrough in utilizing blockchain technology for digital asset investment. By collaborating with traditional financial institutions, Securitize successfully leveraged the liquidity and stability of the BUIDL fund, delivering substantial returns for investors. This case also provides a reference for other digital asset investment institutions, demonstrating that collaboration with traditional financial institutions can effectively utilize their resources and experience, leading to greater success in the digital asset space.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Securitize earned 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 spot trades using BlackRock's BUIDL fund as collateral.
Securitize's bitcoin cash and arbitrage trading returns also nearly doubled, reaching 20.71%.
Securitize's improved returns may be related to the use of the BUIDL fund as collateral.