#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 executing Bitcoin spot trades with trading firm QCP. This means that Securitize's Bitcoin cash and arbitrage trading yields have also significantly increased when using the BUIDL fund as collateral.
Ace Hot Topic Analysis
Analysis
Securitize achieved a 20.71% annual return on a bitcoin-based trade with trading firm QCP by exchanging stablecoins for BlackRock's BUIDL fund and using it as collateral. This nearly doubled Securitize's bitcoin spot trading return. Previously, Securitize had already achieved a 20.71% return using the BUIDL fund as collateral for bitcoin cash and arbitrage trades. This demonstrates that Securitize has successfully leveraged the BUIDL fund as collateral to enhance its bitcoin trading returns and generate significant returns.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Securitize achieved a 20.71% annualized return on its bitcoin spot trading by exchanging stablecoins for BlackRock's BUIDL fund and engaging in bitcoin-based trades with trading firm QCP.
Securitize nearly doubled its return on its bitcoin cash and arbitrage trades to 20.71% by using BlackRock's BUIDL fund as collateral.
Securitize's bitcoin spot trading returns have significantly improved, primarily due to BlackRock's BUIDL fund serving as collateral.