🚀 DeFi Moves to Blockchain! Spark Shifts $100M to Crypto Carry Fund. 💎
In a bold move, Spark $SPK has transferred $100 million from U.S. Treasury bonds to Superstate’s Crypto Carry Fund, a regulated fund leveraging arbitrage strategies in the crypto market. 🔄💰
💡 Why it matters:
The fund uses basis trading 📊 — exploiting price differences between spot and futures markets for crypto assets like $BTC and $ETH
Offers high returns 📈 — 9.26% over the past 30 days, outperforming traditional Treasury yields.
Shows a shift in DeFi strategy 🔄 — protocols are diversifying revenue sources and reducing dependence on traditional financial instruments.
Regulated and transparent ✅ — provides exposure to crypto opportunities in a compliant structure.
🌐 This move highlights a growing trend: DeFi is evolving beyond yield farming, seeking stable, predictable returns while staying on-chain.
💬 What do you think about DeFi protocols moving billions from traditional assets into crypto arbitrage?
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