BounceBit teamed up with BlackRock BUIDL to create "RWA + CeDeFi" structured product
According to online reports, BounceBit teamed up with BlackRock BUIDL to create the RWA + CeDeFi structured product, pushing RWA applications into a new stage. By combining U.S. bond yields, option royalties and basis arbitrage, BounceBit achieved an actual annualized rate of return of 24% on BUIDL. This achievement serves as an important proof of concept for its upcoming BB Prime product line, which will be dedicated to building CeDeFi+RWA infrastructure for Wall Street financial institutions.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.