Bitwise Asset Management has launched Automated Token Portfolios, a product that allows eligible non-U.S. investors to hold and automatically manage baskets of tokenized stocks directly in self-custody wallets. The offering combines Bitwise’s portfolio construction with Coinbase Tokenized Stocks and automation tools from Glider.
Tokenized Stock Portfolios in Self-Custody
The new portfolios package multiple tokenized equities into onchain baskets designed by Bitwise. Investors retain control of assets in their own wallets while benefiting from automated portfolio management features, such as scheduled rebalancing and rules-based adjustments.
Tokenized stocks are blockchain-based representations intended to track the value of underlying publicly listed shares. By bringing these assets onchain, providers aim to enable programmatic portfolio management and simplified settlement while preserving exposure to traditional equities.
How the Product Works
According to the announcement, Automated Token Portfolios integrate three components:
- Bitwise portfolio design for constructing and maintaining baskets of tokenized equities.
- Coinbase Tokenized Stocks as the tokenized asset infrastructure underpinning the holdings.
- Glider automation to facilitate onchain execution of portfolio rules and rebalancing.
The launch positions Bitwise’s strategy directly within crypto wallets, offering a bridge between traditional equity exposure and onchain portfolio tools.
Eligibility and Access
Access is limited to eligible non-U.S. investors, reflecting jurisdictional and securities compliance considerations. The company describes the product as self-custodied, meaning investors manage their own wallet keys and onchain transactions associated with the portfolios.
Why It Matters
The move underscores growing interest in tokenized versions of traditional financial instruments and the use of blockchain rails for portfolio automation. For Bitwise, which is known for crypto index products, the launch extends its index and rules-based investing expertise to tokenized equity baskets that can be held and managed onchain.