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CoinDesk·3 min read·hard

Bitwise turns Coinbase's tokenized stocks into automated AI, robotics and tech portfolios

K
Krisztian Sandor
Bitwise turns Coinbase's tokenized stocks into automated AI, robotics and tech portfolios
AI Summary

Bitwise has launched Automated Token Portfolios (ATPs) that allow non-U.S. investors to hold tokenized stocks in their own crypto wallets while software automatically rebalances them. The portfolios focus on sectors like AI, robotics, and major tech companies, utilizing Coinbase's tokenized stock infrastructure.

Why it matters

This represents a shift in asset management, allowing investors to maintain self-custody of tokenized equities while benefiting from automated professional portfolio strategies.

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The products, called Automated Token Portfolios (ATPs), use Coinbase's recently debuted tokenized U.S. stocks , with portfolio technology provider Glider handling the rebalancing based on models designed by Bitwise. They are available only to eligible investors outside the U.S.

The initial lineup includes portfolios focused on AI, robotics and an expanded version of the Magnificent Seven. The latter equally weights Apple (AAPL), Microsoft (MSFT), Nvidia (NVDA), Alphabet (GOOG), Amazon (AMZN), Meta (META) and Tesla (TSLA) alongside SpaceX (SPCX).

Bitwise’s move marks an example of what firms can build on top of tokenized equities beyond simply recreating stock trading on blockchain rails.

Instead of buying into an ETF or another pooled fund via a brokerage account, investors keep the individual stocks in their crypto wallet while software adjusts the portfolio to follow a professional manager's model.

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