Bitwise Launches Tokenized Stock Portfolios Directly in Coinbase Wallets

Bitwise Asset Management has launched automated tokenized stock portfolios on Coinbase's Base layer-2 blockchain. The new product, called Automated Token Portfolios (ATPs), allows eligible non-US investors to hold and rebalance professionally managed stock portfolios directly in their own wallets.

The initial lineup covers three themes: an expanded version of the Magnificent Seven, a robotics strategy, and an AI leaders portfolio. The portfolios equally weight stocks such as Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta, and Tesla alongside SpaceX. Bitwise charges a 0.15% methodology access fee, excluding trading costs or Glider platform fees.

'Portfolios Come to the Wallet, Not the Other Way Around' said Matt Hougan, Chief Investment Officer at Bitwise. This product unlocks thematic exposures more quickly and precisely than many traditional structures allow.