#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 executing Bitcoin underlying trades with trading firm QCP. This means Securitize can earn a 20.71% return annually.
Ace Hot Topic Analysis
Analysis
Securitize recently announced that it has nearly doubled its Bitcoin spot trading returns to 20.71% by using BlackRock's BUIDL fund as collateral. 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 news indicates that Securitize has successfully leveraged BlackRock's BUIDL fund as collateral to enhance its Bitcoin trading returns, which will help it gain a greater competitive advantage in the cryptocurrency market.
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Public Sentiment
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Classic Views
Securitize achieved a 20.71% annualized return on its Bitcoin spot trading by using BlackRock's BUIDL fund as collateral.
Securitize achieved high returns by converting stablecoins to BUIDL and engaging in Bitcoin spot trading with trading firm QCP.
Securitize's Bitcoin Cash and arbitrage trading returns also increased significantly, reaching 20.71%.
Securitize successfully increased its Bitcoin trading returns by using BlackRock's BUIDL fund as collateral.