Bitwise Launches Self Custody Portfolios of Coinbase Tokenised US Stocks With Glider
- Shawn Jhanji
- 22 hours ago
- 2 min read
Asset manager Bitwise has launched a set of automated portfolios built on Coinbase's tokenised US stocks, letting eligible non-US investors follow preset investment strategies while keeping their tokens in their own wallets rather than handing custody to a fund manager.
The product, called Automated Token Portfolios, allows users to automatically replicate and rebalance professionally designed baskets of Coinbase's tokenised shares. Bitwise sets the portfolio methodology; execution and rebalancing are handled by Glider. Because the underlying tokens never leave the investor's non-custodial wallet, Bitwise is positioning the structure as materially different from a traditional fund wrapper, and says the retained tokens can also be used separately in DeFi lending or borrowing protocols, subject to the risks of those platforms.
Three portfolios are live at launch. Mag7X offers equal weighted exposure to Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta and Tesla, plus SpaceX. An AI Leaders portfolio includes Nvidia, Microsoft, Alphabet, Meta, Amazon, SpaceX, Tesla and Sandisk. A Robotics portfolio targets companies building humanoid robots, autonomous vehicles and warehouse automation, including Tesla, Nvidia and Amazon. Bitwise charges a 0.15 per cent methodology access fee on top of separate trading and Glider platform fees.
The launch builds directly on Coinbase's tokenised stock offering on its Base network, which went live under an Abu Dhabi regulatory framework in the past week with Apple and Nvidia among the first names available. Bitwise's contribution is a layer on top of that infrastructure rather than a competing rail: an asset manager applying conventional portfolio construction, equal weighting, thematic baskets, systematic rebalancing, to tokens that already exist, and packaging that as a product eligible non-US investors can access without going through a traditional fund structure or surrendering custody.
That distinction is the more interesting signal for UK observers than the launch itself.
Tokenised equity has mostly been discussed as an issuance and custody story so far, who can put a share on-chain and who is allowed to hold it. Bitwise's move suggests the next layer of competition is shifting to asset management on top of that base infrastructure, echoing the trajectory ETFs took once the underlying index products existed. Whether and how that model could extend to tokenised UK equities, where custody and investor eligibility questions are still being worked out through the FCA's Digital Securities Sandbox and PISCES, remains an open question, but the direction of travel in the more mature US tokenised equity market is a useful reference point.
Key Takeaways
Bitwise launched Automated Token Portfolios on 25 August 2026, letting eligible non-US investors hold rebalancing baskets of Coinbase's tokenised US stocks in self-custody wallets.
Three portfolios are live at launch, covering an expanded Magnificent Seven basket, an AI leaders theme and a robotics theme, with Bitwise setting methodology and Glider handling execution.
Bitwise charges a 0.15 per cent methodology fee separate from trading and platform costs, and says retained tokens can also be used in DeFi lending and borrowing.
The product is built entirely on Coinbase's existing Base network tokenised stock infrastructure rather than a new issuance rail.
The launch signals that competition in tokenised equity may be shifting from issuance and custody toward asset management products built on top of existing tokenised rails, a trend worth watching as UK tokenised equity infrastructure matures.
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