Bitwise Launches Self-Custodied Tokenized Stock Portfolios on Base

Bitwise has launched its Automated Token Portfolios (ATPs) on Base, allowing eligible investors outside the U.S. to hold Coinbase-issued tokenized stocks directly in their own wallets.

The Mag7X strategy is active at launch and holds four Coinbase-issued stock tokens: Apple, Alphabet, Meta, and Nvidia, each at 25% of the portfolio. This strategy is designed to equal-weight these eight companies and will add the remaining companies as they are tokenized by Coinbase.

Bitwise says it has no control over users' wallets during rebalancing, and Glider implements changes through session credentials authorized by the user.

The tokens are issued by a Coinbase entity licensed in Abu Dhabi Global Market and are restricted to eligible users outside the U.S. Bitwise has not independently verified the backing or redemption terms of these tokens.