Bitwise Asset Management has launched automated portfolios of Coinbase’s tokenized US stocks that allow eligible investors outside the United States to follow preset investment strategies while keeping the assets in their own wallets.
The portfolios use Coinbase’s recently launched tokenized stocks, while Glider automatically rebalances users’ holdings to match model portfolios designed by Bitwise, according to a Tuesday announcement.
The initial lineup includes three strategies — the Mag7X, robotics and AI leaders — and include Apple, Nvidia, Microsoft, Tesla and SpaceX.
Tokenized listed stocks now total $2.49 billion, up 5.18% over the past month, with 2.25 million holders and $27.28 billion in monthly transfer volume, according to rwa.xyz.
Unlike a traditional fund, the tokenized stocks remain in users’ non-custodial wallets, with Bitwise setting the portfolio methodology and Glider handling trades and rebalancing….
