protocol
Bitwise Launches Self-Custodied Tokenized Stock Portfolio on Base
Bitwise has introduced Automated Token Portfolios (ATPs) on the Base blockchain, allowing eligible investors outside the U.S. to hold Coinbase-issued tokenized stocks directly in their wallets, with automatic management by Glider.
AS1 NewsSource: thedefiant.io
UBitwise has launched its Automated Token Portfolios (ATPs) on the Base blockchain, providing eligible investors outside the United States with a new way to hold Coinbase-issued tokenized stocks directly in their wallets. The product features the Mag7X strategy, which currently includes four Coinbase-issued stock tokens, with two additional Bitwise models marked as 'coming soon.' The ATPs are designed to enable direct ownership and management of tokenized stocks, with Glider automatically maintaining the holdings in accordance with Bitwise’s investment models. This development extends Coinbase’s efforts to facilitate access to tokenized equities through blockchain technology, broadening the scope for international investors to participate in stock market exposure via crypto assets.
The launch enhances access to tokenized stocks for international investors and demonstrates ongoing integration of traditional equities into blockchain-based investment products.