Bitwise Brings Automated Portfolios to Coinbase's Tokenized Stocks

Bitwise Asset Management has launched automated portfolios of Coinbase's tokenized US stocks that allow eligible investors outside the United States to follow preset investment strategies while keeping their assets in their own wallets.

The portfolios use Coinbase's recently launched tokenized stocks, with Glider automatically rebalancing users' holdings to match model portfolios designed by Bitwise. The initial lineup includes three strategies, including the Mag7X portfolio, which focuses on robotics and AI leaders and holds Apple, Nvidia, Microsoft, Tesla, and SpaceX.

The launch comes after Coinbase's tokenized US stocks went live on Base a day prior, allowing eligible non-US users to trade the assets around the clock. Tokenized listed stocks now total $2.49 billion, with 2.25 million holders and $27.28 billion in monthly transfer volume, according to rwa.xyz.

Bitwise charges a 0.15% methodology access fee, excluding trading and Glider platform fees. Because users retain the individual tokens, they could also be used in DeFi applications for lending or borrowing, subject to the risks of those protocols.