#Securitize Bitcoin Returns Double#
Hot Topic Overview
Overview
Securitize recently nearly doubled its returns to 20.71% by exchanging stablecoins for BlackRock's BUIDL fund and engaging in Bitcoin-based trades with trading firm QCP. This means Securitize can earn a 20.71% return annually on its Bitcoin cash and arbitrage trades. The news indicates that Securitize has successfully increased its Bitcoin trading returns by leveraging the BUIDL fund as collateral.
Ace Hot Topic Analysis
Analysis
Securitize recently announced that its yield on Bitcoin spot trading, using BlackRock's BUIDL fund as collateral, has nearly doubled to 20.71%. This yield increase is attributed to Securitize converting stablecoins to BUIDL and partnering with trading firm QCP for underlying Bitcoin trading. Through this approach, Securitize is able to achieve a 20.71% return within a year. This news indicates that Securitize is actively leveraging its partnership with BlackRock and employing innovative strategies to enhance its investment returns. Additionally, Securitize is using the BUIDL fund as collateral for its Bitcoin Cash and arbitrage trading, demonstrating its proactive exploration of various investment opportunities and pursuit of higher yields. This series of initiatives suggests that Securitize is actively seeking new growth areas and committed to creating greater value for investors.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Securitize achieved a 20.71% annualized return on its bitcoin spot trades with trading firm QCP by exchanging stablecoins for BlackRock's BUIDL fund.
Securitize nearly doubled its return on its bitcoin spot trades to 20.71% using BlackRock's BUIDL fund as collateral.
Securitize's bitcoin cash and arbitrage trading returns also increased significantly, reaching 20.71%.
Securitize used BlackRock's BUIDL fund as collateral to provide lower borrowing costs for its bitcoin trades, thereby increasing returns.