#Securitize Bitcoin Returns Double#
Hot Topic Overview
Overview
Securitize's returns nearly doubled to 20.71% recently through Bitcoin-based trades with trading firm QCP. This was achieved by leveraging their partnership with BlackRock's BUIDL fund, exchanging stablecoins for BUIDL, which allowed for higher returns in the trades. This move indicates that Securitize is actively exploring new investment strategies and leveraging its partnership with BlackRock to seek higher returns in the cryptocurrency market.
Ace Hot Topic Analysis
Analysis
Securitize achieved a 20.71% annual return by converting stablecoins into BlackRock's BUIDL fund and engaging in Bitcoin spot trading with trading firm QCP. This return rate nearly doubled compared to the previous 10% return Securitize achieved using the BUIDL fund as collateral for Bitcoin Cash and arbitrage trading. This indicates that Securitize achieved a higher return rate by converting stablecoins into the BUIDL fund and engaging in Bitcoin spot trading. This strategy may be related to the BUIDL fund's portfolio, which invests in cryptocurrencies and blockchain technology, potentially providing Securitize with higher investment returns.
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 partnership with trading firm QCP and the use of BlackRock's BUIDL fund as collateral.