Bitwise Unveils Coinbase-Powered Tokenized Stock Portfolios for International Investors
Bitwise has introduced three new automated portfolios of Coinbase tokenized stocks for eligible non-U.S. investors, offering a unique blend of self-custody and automatic rebalancing.
The Bitwise Automated Token Portfolios (ATPs) track the 'Magnificent 7' plus SpaceX, robotics companies, and artificial intelligence leaders, with users retaining ownership of tokenized shares in their own wallets.
The portfolios use Coinbase's recently launched stock tokens, which represent beneficial interests in shares held through a segregated custody structure. Alpaca Securities buys, sells, and holds the underlying shares, while Coinbase represents that the tokens are backed one-to-one and carry shareholder rights.