Bitwise Unveils Automated Token Portfolios for US Equities

Bitwise, a digital asset manager, has introduced Automated Token Portfolios (ATPs) that allow eligible investors to hold and automatically rebalance baskets of U.S. equities directly in their crypto wallets.

The ATPs use Coinbase's tokenized U.S. stocks, with Glider handling the rebalancing based on models designed by Bitwise. The initial lineup includes portfolios focused on AI, robotics, and an expanded version of the Magnificent Seven, which equally weights Apple (AAPL), Microsoft (MSFT), Nvidia (NVDA), Alphabet (GOOG), Amazon (AMZN), Meta (META), and Tesla (TSLA) alongside SpaceX (SPCX).

Bitwise's move marks an example of what firms can build on top of tokenized equities beyond simply recreating stock trading on blockchain rails.