#Securitize Bitcoin Returns Double#
Hot Topic Overview
Overview
Securitize recently nearly doubled its return on its Bitcoin spot trading to 20.71% by using BlackRock's BUIDL fund as collateral. Securitize converted stablecoins to BUIDL and achieved this return in a Bitcoin underlying trade with trading firm QCP. This move indicates that Securitize is leveraging resources from traditional financial institutions to enhance the returns of its cryptocurrency investment strategy.
Ace Hot Topic Analysis
Analysis
Securitize achieved a 20.71% annual return on its Bitcoin spot trading by exchanging stablecoins for BlackRock's BUIDL fund and using it as collateral in a Bitcoin-based trade with trading firm QCP. This nearly doubled Securitize's Bitcoin spot trading return. The improved return was primarily driven by the BUIDL fund collateral, which provided Securitize with lower borrowing costs, thereby enhancing its trading profitability. This success story of Securitize demonstrates that leveraging institutional-grade capital and innovative financial instruments can significantly enhance returns on digital asset trading.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Securitize achieved a 20.71% annualized return on its Bitcoin underlying trades with trading firm QCP, using BlackRock's BUIDL fund as collateral.
Securitize's Bitcoin spot trading return nearly doubled to 20.71%.
Securitize's Bitcoin Cash and arbitrage trading returns also nearly doubled to 20.71%, using BlackRock's BUIDL fund as collateral.
Securitize achieved higher returns by converting stablecoins to BUIDL.