#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 is due to Securitize converting stablecoins to BUIDL and earning a 20.71% annual return on the underlying Bitcoin trades with trading firm QCP. This means that Securitize has successfully increased the yield on its Bitcoin trading by leveraging the collateral capabilities of the BUIDL fund, showcasing its investment strategy and risk management capabilities in the digital asset space.
Ace Hot Topic Analysis
Analysis
Securitize, a digital asset securitization platform, is using BlackRock's BUIDL fund as collateral for its Bitcoin spot trading. Recently, Securitize's Bitcoin spot trading return rate has nearly doubled to 20.71%. This was achieved by converting stablecoins to BUIDL and then executing Bitcoin spot trades with trading firm QCP. This means Securitize can earn a 20.71% annual return through this strategy. The increase in this return rate may be related to the collateral role of the BUIDL fund or the optimization of Securitize's trading strategy.
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 used BlackRock's BUIDL fund as collateral, nearly doubling its returns on bitcoin spot trades.
Securitize's bitcoin cash and arbitrage trades also nearly doubled, reaching 20.71%.
Securitize's high returns are due to its use of the BUIDL fund as collateral and its partnership with trading firm QCP.