“For over a century, getting a professional model meant handing your assets to a fund,” Bitwise Chief Investment Officer Matt Hougan said. “ATPs mean you can keep the assets in your own wallet, and the model comes to you.”
The announcement comes a day after Coinbase debuted tokenized versions of Apple, Nvidia, Meta and Alphabet on Base. Coinbase said more stocks are coming, and Bitwise’s portfolios offer a hint at potential additions: Microsoft, Amazon, Tesla, SpaceX and Sandisk are also included in its models. Coinbase hasn’t confirmed its next batch.
The products also expand Bitwise beyond the crypto ETFs for which the $9 billion asset manager is best known. It has recently moved into DeFi vault curation, another form of onchain asset management.
Glider, meanwhile, is a specialist of automated portfolios, and earlier this year teamed up with Ondo Finance to offer personalized portfolios using Ondo’s tokenized stock offerings.
Read more: Tokenization mirrors the $20 trillion ETF boom as blockchain and AI converge, Ondo exec says
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