CeDeFi infrastructure platform BounceBit has successfully executed the first structured interest-bearing strategy based on BlackRock USD Institutional Digital Liquidity Fund (BUIDL), marking a new stage in the application of RWA assets in the field of crypto finance. This strategy not only improves BounceBits asset management system, but also serves as a proof of concept for its upcoming BB Prime product line.
As the first structured wealth management solution based on RWA assets in the market, this strategy pioneered the use of BUIDL, a tokenized short-term Treasury bond fund under BlackRock with a management scale of over US$2 billion. The fund is managed by BlackRock, a global asset management giant, and completed tokenization issuance through the compliant digital securities platform Securitize, and circulated through Securitize Markets, LLC, which is regulated by the SEC, to provide investors with compliant US dollar yield exposure.
The core innovation of the strategy is to use BUIDL as collateral to conduct a combination of three-month BTC basis arbitrage and option arbitrage, achieving an annualized return of about 20%, and at the same time superimposing the 4.25% basic return of BUIDLs underlying US Treasury bonds, the comprehensive annualized return can reach 24%. Compared with traditional stablecoin strategies, the capital efficiency of collateral is maximized.
BounceBits strategy achieves this through innovative architecture design:
- Income superposition mechanism to ensure lossless combination of government bond income and arbitrage income
- Adopt institutional-level risk control models to optimize capital efficiency
-Automatically execute through smart contracts to ensure transaction transparency
This innovation enables investors to simultaneously obtain traditional financial market returns and crypto market arbitrage opportunities for the first time, said Jack Lu, founder and CEO of BounceBit. Through cooperation with top asset management institutions, we hope to use CeDeFi technology to reconstruct the application scenarios of RWA assets and build a financial infrastructure that connects high-quality Western assets with the Asian trading ecosystem.
The successful implementation of this project is due to the high-quality underlying assets provided by BlackRock and the complete compliance technology architecture of Securitize. Through BounceBits mature CeDeFi technology, seamless asset docking and mapping between traditional custodians and trading platforms is achieved.
BounceBits upcoming Prime platform will be the first comprehensive income solution focused on RWA assets, aiming to solve the current RWA markets lack of liquidity, limited application scenarios and other industry pain points. In the initial stage, the platform will cooperate with top financial institutions such as BlackRock BUIDL and Franklin Templeton Benji to launch a series of RWA+CeDeFi innovative products. Relying on the CeDeFi ecosystem with a TVL of US$450 million, BounceBit will provide investors with a more transparent and efficient real income investment channel, and the specific launch time will be announced soon.
About BounceBit
BounceBit is committed to building CeDeFi (centralized and decentralized financial integration) infrastructure, providing investors with professional-grade yield products, re-staking application scenarios and real-world asset (RWA) integration solutions. BounceBit chain is a Layer 1 public chain with a dual-token PoS mechanism, which is secured by Bitcoin (BTC) and $BB, and has Bitcoin-level security and full EVM compatibility.
