#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 can earn a 20.71% return annually, thanks to its cash and arbitrage trading using the BUIDL fund as collateral.
Ace Hot Topic Analysis
Analysis
Securitize has achieved significant returns in bitcoin-based trades with trading firm QCP by converting stablecoins into BlackRock's BUIDL fund and using it as collateral. Its annualized return rate is reportedly close to doubling, reaching 20.71%. This means that Securitize, through this strategy, has converted stablecoins into bitcoin and leveraged the collateral of the BUIDL fund to generate substantial returns in bitcoin spot trading. The success of this strategy demonstrates the potential for high returns in the cryptocurrency market by utilizing institutional funds and professional trading strategies.
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 bitcoin cash and arbitrage trading returns to 20.71%.
Securitize's significantly improved bitcoin spot trading returns demonstrate the recognition of its trading strategy and risk management capabilities.
BlackRock's BUIDL fund, as collateral, provides security for Securitize's trades, enabling it to achieve higher returns.