crypto
Bitwise Launches Self-Custodied Tokenized Stock Portfolios with Coinbase
Bitwise has introduced new portfolios that automatically rebalance Coinbase tokenized stocks, allowing eligible non-US investors to retain assets in their own wallets.
AS1 NewsSource: cointelegraph.com
Bitwise, a prominent player in the crypto asset management space, has launched new investment portfolios that incorporate tokenized stocks from Coinbase. These portfolios are designed to automatically rebalance holdings of Coinbase's tokenized stocks, providing a streamlined and efficient way for investors to manage their assets. Notably, the service enables eligible non-US investors to keep these assets in their own wallets, emphasizing a move towards more flexible and accessible crypto investment options. This development reflects ongoing efforts to expand the infrastructure supporting digital assets and tokenized securities, potentially increasing liquidity and investor participation in the space. The integration of self-custody features aligns with broader industry trends emphasizing security and control over digital assets.
The launch enhances access to tokenized stocks and promotes self-custody, potentially impacting investor engagement and the tokenized securities market.