#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 into BlackRock's BUIDL fund and engaging in Bitcoin spot trading with trading firm QCP. This means Securitize has generated a 20.71% return over the past year through this strategy.
Ace Hot Topic Analysis
Analysis
Securitize recently announced that its Bitcoin spot trading yield has nearly doubled to 20.71%. This is due to the company using BlackRock's BUIDL fund as collateral and earning a 20.71% annual return on its Bitcoin underlying trades with trading firm QCP by exchanging stablecoins for BUIDL. This news indicates that Securitize has successfully increased its Bitcoin trading yield by leveraging the collateral capabilities of the BUIDL fund. This could mean that Securitize will continue to explore using the BUIDL fund to optimize its investment strategy and further enhance its competitiveness in the cryptocurrency space.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Securitize achieved a 20.71% annualized return on its bitcoin spot trading by converting stablecoins into BlackRock's BUIDL fund and engaging in bitcoin-based trades with trading firm QCP.
Securitize nearly doubled its return on its bitcoin cash and arbitrage trades to 20.71% by using BlackRock's BUIDL fund as collateral.
Securitize successfully increased its bitcoin spot trading returns by leveraging BlackRock's BUIDL fund.
Securitize's bitcoin trading strategy has been remarkably successful, resulting in a significant increase in returns.