Bitwise Asset Management is expanding its onchain product suite by developing a new offering built upon Coinbase’s recently launched tokenized stocks on the Base network. The initiative, teased by CEO Hunter Horsley, aims to serve onchain-native investors by packaging tokenized equities like Apple, Nvidia, Meta, and Alphabet into specialized financial products. These underlying stocks are backed 1:1 by shares held in regulated custody and are accessible to eligible non-U.S. users via self-custody wallets. This move follows a strong performance for Bitwise, which recorded over $1.8 billion in net inflows during the first half of 2026 across its various product lines. By leveraging the Base layer-2 infrastructure, Bitwise intends to move beyond traditional ETF structures to create investment vehicles that function natively within the DeFi ecosystem. The collaboration, which also involves the platform Glider, signals a broader industry shift toward integrating traditional equities into blockchain-based financial markets. This development highlights the growing trend of asset managers utilizing institutional-grade tokenization to capture demand from crypto-native participants.
Bitwise is a leading U.S.-based crypto asset manager known for providing institutional-grade exposure to digital assets through ETFs, ETPs, and private funds. The firm has increasingly focused on onchain finance, previously launching a tokenized crypto carry fund and exploring the tokenization of its existing ETF shares to improve liquidity and accessibility.