#Securitize Bitcoin Returns Double#
Hot Topic Overview
Overview
Securitize recently announced that its Bitcoin spot trading, using BlackRock's BUIDL fund as collateral, has yielded a return close to doubling, reaching 20.71%. This return was achieved by converting stablecoins to BUIDL and then executing Bitcoin-based trades with trading firm QCP. This means Securitize has generated over 20% returns in a year through its strategy, a significant figure in the current market environment.
Ace Hot Topic Analysis
Analysis
Securitize, a company that uses blockchain technology for securitization, has recently achieved significant gains in Bitcoin spot trading. Through a partnership with trading firm QCP, Securitize converted stablecoins into BlackRock's BUIDL fund, generating a 20.71% annualized return on Bitcoin underlying trades. This return is nearly double the previous rate, indicating Securitize's success in leveraging the BUIDL fund as collateral for Bitcoin trading. This success story demonstrates that utilizing blockchain technology for securitization, combined with resources from traditional financial institutions, can deliver higher returns for investors.
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Public Sentiment
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Classic Views
Securitize achieved a 20.71% annualized return by converting stablecoins into BlackRock's BUIDL fund and engaging in bitcoin spot trades with trading firm QCP.
Securitize nearly doubled its return on bitcoin spot trades using BlackRock's BUIDL fund as collateral, reaching 20.71%.
Securitize's bitcoin cash and arbitrage trading returns also saw significant improvements, reaching 20.71%.
BlackRock's BUIDL fund provided Securitize with effective collateral, enabling it to achieve higher returns.