Arbitrage and yield strategies restructure Bitcoin trading and offer favorable opportunities for the landscape.
According to Aly Madhavji, founder of the Blockchain Founders Fund, not just Vision, but execution is what distinguishes real innovators from noise.
“Ideas are cheap, right? Everyone has ideas, but execution is really important,” Madhavji said in a panel discussion with Roundtable host Rob Nelson.
Madhavji, who highlighted the work of Umoja Labs CEO Robbie Greenfield, pointed to the company’s innovative approach to generating Bitcoin yields.
“He has an incredible background building in his career. But I think you pair it with what he’s doing with Umoja. It’s very impressive I think he’s now on the market with this YBTC product. That’s proven,” Madavi added.
Bitcoin arbitrage has become one of the most viable trading opportunities to leverage inefficiencies across centralized and decentralized exchanges. Greenfield noted that financing fee rulings remain a highly profitable strategy, particularly in bullish market conditions.
“You have a derivatives market with a centralized exchange, decentralized exchange. They want to make sure the market is traded equally in terms of shorts and long. Greenfield explains “Take advantage of the difference in funding fees between these different exchanges, and you get very good yields, especially in bull markets. 10% to 15%.”
Madhavji said the impact of companies like Umoja Labs has been recognized by some of the largest players in the industry.
“He’s now coming to his door with some of the world’s best investors and supporting them like Coinbase, and I think it’s very important to see and recognize it. Traders in this field have actually encountered it.