Bitwise Brings Tokenized Stock Portfolios to Base, Expanding Global Access
Bitwise has launched its Automated Token Portfolios (ATPs) on Base, allowing eligible non-US investors to hold Coinbase-issued tokenized stocks directly in their own wallets. The product extends Coinbase's tokenized-stock rails, which went live Monday with four technology stocks.
The Mag7X strategy is the only Bitwise model currently active at launch, holding four Coinbase-issued stock tokens: Apple (AAPL), Alphabet (GOOGL), Meta (META), and Nvidia (NVDA). The remaining companies in the Mag7X portfolio will be added as Coinbase tokenizes them.
Bitwise's disclosure notes that while Coinbase represents the tokens are backed one-for-one by shares, Bitwise has not independently verified this. Holder rights are governed by Coinbase's terms, the applicable ADGM prospectus, and ADGM law.