#Securitize Bitcoin Returns Double#
Hot Topic Overview
Overview
Securitize announced that its Bitcoin spot trading yield has nearly doubled to 20.71%. This is due to their use of BlackRock's BUIDL fund as collateral, and by converting stablecoins to BUIDL, they achieved a 20.71% annual return on Bitcoin underlying trades with trading firm QCP. Previously, Securitize also nearly doubled its Bitcoin Cash and arbitrage trading yield to 20.71% using BlackRock's BUIDL fund as collateral.
Ace Hot Topic Analysis
Analysis
Securitize recently announced that its Bitcoin spot trading yield has nearly doubled to 20.71%. This increase in yield is attributed to Securitize using BlackRock's BUIDL fund as collateral. Securitize exchanged stablecoins for BUIDL and achieved a 20.71% annualized return on its underlying Bitcoin trades with trading firm QCP. This move indicates that Securitize is actively seeking to leverage institutional investor funds to enhance its Bitcoin trading yields. By partnering with institutions like BlackRock, Securitize can secure lower borrowing costs, thereby improving its trading profitability. This event also reflects the growing interest of institutional investors in the cryptocurrency market, presenting new opportunities for companies like Securitize.
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 the BUIDL Fund.
Securitize used BlackRock's BUIDL Fund as collateral, nearly doubling the return on its Bitcoin spot trading.
Securitize's Bitcoin Cash and arbitrage trading returns also increased significantly, reaching 20.71%.
Securitize leveraged BlackRock's BUIDL Fund for collateral, achieving significant returns on Bitcoin trading.