How does SOFR impact the valuation of digital assets?

1 answers

• May 13, 2022 · 3 years ago
  At BYDFi, we understand the importance of SOFR in the valuation of digital assets. As a benchmark interest rate, SOFR affects the cost of borrowing cash collateralized by Treasury securities, which can impact the valuation of digital assets. Traders and investors should be aware of the relationship between SOFR and the valuation of digital assets to make informed decisions. Our platform provides real-time data on SOFR rates and other relevant market information to help users stay updated and navigate the impact of SOFR on digital asset valuation.
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