OrBit Markets Launches World’s First Bitcoin And Gold Hybrid Derivative

Key Points:

  • Orbit Markets completed the transaction with PI Digital to develop a Bitcoin-Gold hybrid derivative.
  • The derivative product makes use of XAUT, Tether’s gold-backed token, and enables investors to earn up to 40% APR.
  • The product will be settled in USDT, XAUT, or BTC when it reaches maturity.
Orbit Markets, an institutional crypto options liquidity provider, is launching the first Bitcoin and gold hybrid-focused derivative product in collaboration with execution broker PI Digital.
OrBit Markets Launches World’s First Bitcoin And Gold Hybrid Derivative

Bitcoin and gold have both seen significant gains in recent months as investors bet on the Federal Reserve, reducing the pace of interest rate rises.

Recent banking sector instability has also pushed up the value of these assets, causing some market experts to believe that Bitcoin may, in fact, live up to its “digital gold” promise and compete with gold for safe-haven asset status.

Investors who expect a protracted increase in both of these assets may now earn higher returns by combining both exposures in a single instrument.

The effort is one of the most recent initiatives among crypto sector businesses to deliver consistent profits amid moments of macroeconomic turmoil. It attempts to expose investors to gold and digital assets, both of which keep their worth.

“We strive to offer high-end bespoke services to our clients, always balancing performance and risk management in the most efficient ways. This hybrid asset product is a perfect fit for investors that have experience in traditional assets such as gold and are now starting to dip their toes into digital assets,” OrBit Markets said.

Tether’s derivative product, XAUT, is a gold-backed token. When the product reaches maturity, it will be paid in either USDT, XAUT, or bitcoin, as determined by OrBit. According to the Singapore-based corporation, hybrid products, such as those that blend equities and commodities assets, are widespread in conventional finance.

MEV Capital, a DeFi-focused asset management firm, utilized OrBit markets-issued options contracts in March to hedge liquidity providers’ positions and avoid losses in Uniswap (v3) liquidity pools.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Harold

Coincu News

OrBit Markets Launches World’s First Bitcoin And Gold Hybrid Derivative

Key Points:

  • Orbit Markets completed the transaction with PI Digital to develop a Bitcoin-Gold hybrid derivative.
  • The derivative product makes use of XAUT, Tether’s gold-backed token, and enables investors to earn up to 40% APR.
  • The product will be settled in USDT, XAUT, or BTC when it reaches maturity.
Orbit Markets, an institutional crypto options liquidity provider, is launching the first Bitcoin and gold hybrid-focused derivative product in collaboration with execution broker PI Digital.
OrBit Markets Launches World’s First Bitcoin And Gold Hybrid Derivative

Bitcoin and gold have both seen significant gains in recent months as investors bet on the Federal Reserve, reducing the pace of interest rate rises.

Recent banking sector instability has also pushed up the value of these assets, causing some market experts to believe that Bitcoin may, in fact, live up to its “digital gold” promise and compete with gold for safe-haven asset status.

Investors who expect a protracted increase in both of these assets may now earn higher returns by combining both exposures in a single instrument.

The effort is one of the most recent initiatives among crypto sector businesses to deliver consistent profits amid moments of macroeconomic turmoil. It attempts to expose investors to gold and digital assets, both of which keep their worth.

“We strive to offer high-end bespoke services to our clients, always balancing performance and risk management in the most efficient ways. This hybrid asset product is a perfect fit for investors that have experience in traditional assets such as gold and are now starting to dip their toes into digital assets,” OrBit Markets said.

Tether’s derivative product, XAUT, is a gold-backed token. When the product reaches maturity, it will be paid in either USDT, XAUT, or bitcoin, as determined by OrBit. According to the Singapore-based corporation, hybrid products, such as those that blend equities and commodities assets, are widespread in conventional finance.

MEV Capital, a DeFi-focused asset management firm, utilized OrBit markets-issued options contracts in March to hedge liquidity providers’ positions and avoid losses in Uniswap (v3) liquidity pools.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Harold

Coincu News