#Securitize Bitcoin Returns Double#
Hot Topic Overview
Overview
Securitize recently announced that its Bitcoin spot trading yield, using BlackRock's BUIDL fund as collateral, has nearly doubled to 20.71%. This yield was achieved by converting stablecoins to BUIDL and then engaging in Bitcoin-based trades with trading firm QCP. This means Securitize has generated over 20% returns in a year through its strategy, demonstrating its strong investment capabilities in the cryptocurrency market.
Ace Hot Topic Analysis
Analysis
Securitize recently 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 Securitize can earn a 20.71% return annually. The increase in yield is primarily attributed to the use of the BUIDL fund as collateral, which allows Securitize to access funds at a lower cost, thereby enhancing its trading profitability. This news indicates that Securitize is actively exploring new strategies to improve its investment returns and offer more attractive yields to investors.
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Public Sentiment
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Classic Views
Securitize achieved a 20.71% annualized return on its Bitcoin spot trading through a deal 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 success story shows that high-yielding Bitcoin trading is possible through the use of stablecoins and collateral.