#Securitize Bitcoin Returns Double#
Hot Topic Overview
Overview
Securitize recently nearly doubled its return on spot Bitcoin trading to 20.71% by using BlackRock's BUIDL fund as collateral. Securitize exchanged stablecoins for BUIDL and achieved this return in a Bitcoin spot trade with trading firm QCP. This demonstrates Securitize's success in leveraging BlackRock's BUIDL fund to enhance its Bitcoin trading profitability.
Ace Hot Topic Analysis
Analysis
Securitize has nearly doubled its returns on its Bitcoin spot trading to 20.71% by using BlackRock's BUIDL fund as collateral. According to The Block, Securitize achieved a 20.71% annual return on its Bitcoin underlying trades with trading firm QCP by converting stablecoins into BUIDL. This means Securitize has doubled its original return rate through this strategy. This news indicates that Securitize is actively exploring new investment strategies and leveraging BlackRock's BUIDL fund to enhance its investment returns. The success of this strategy also reflects the growing interest of institutional investors in the cryptocurrency market and their search for new ways to participate in this market.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Securitize achieved a 20.71% annualized return by exchanging stablecoins for BlackRock's BUIDL fund and engaging in Bitcoin-based trades with trading firm QCP.
Securitize used the BUIDL fund as collateral, nearly doubling its return on Bitcoin spot trading.
Securitize's Bitcoin Cash and arbitrage trading returns also saw significant improvements, reaching 20.71%.
BlackRock's BUIDL fund provided effective collateral for Securitize's Bitcoin trades, enabling it to achieve higher returns.