#Securitize Bitcoin Returns Double#
Hot Topic Overview
Overview
Securitize recently nearly doubled its return on its Bitcoin spot trading to 20.71% by using BlackRock's BUIDL fund as collateral. Securitize converted stablecoins to BUIDL and achieved this return through a Bitcoin spot trade with trading firm QCP. This improved return was driven by Securitize's ability to secure lower borrowing costs by using the BUIDL fund as collateral, ultimately boosting its trading profits.
Ace Hot Topic Analysis
Analysis
Securitize, a digital asset securitization platform, has achieved significant returns on its Bitcoin-based trades with trading firm QCP, leveraging BlackRock's BUIDL fund as collateral. According to The Block, Securitize generated a 20.71% annualized return on its Bitcoin spot trades by converting stablecoins into BUIDL. This is nearly double its previous returns. This success is attributed to Securitize's strategy of utilizing the BUIDL fund as collateral and partnering with QCP for Bitcoin-based trades. This strategy not only boosted returns but also mitigated risk, providing investors with more stable investment returns. This success story of Securitize demonstrates that financial innovation using digital assets can create new investment opportunities for investors and drive the development of the digital asset market.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Securitize achieved a 20.71% annualized return on its Bitcoin-based trades with trading firm QCP, using BlackRock's BUIDL fund as collateral.
Securitize's Bitcoin spot trading returns nearly doubled to 20.71%.
Securitize's Bitcoin Cash and arbitrage trading returns also nearly doubled to 20.71%, using BlackRock's BUIDL fund as collateral.
Securitize's improved returns may be related to BlackRock's BUIDL fund being used as collateral.