Bitwise launches AI, tech and robotics tokenized portfolios with Coinbase

Bitwise is offering automated portfolios of tokenized U.S. stocks through its Automated Token Portfolios. Eligible investors can hold the stock baskets directly in crypto wallets. Software automatically rebalances the portfolios. Coinbase's recently debuted tokenized U.S. stocks provide the assets. Glider handles the rebalancing. Glider uses models designed by Bitwise. The initial lineup includes an AI portfolio. It includes a robotics portfolio. It also includes an expanded version of the Magnificent Seven. The expanded portfolio equally weights Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta and Tesla alongside SpaceX. The portfolios are available only to eligible investors outside the U.S. Investors hold individual stocks in their crypto wallets instead of buying an ETF or another pooled fund through a brokerage account. The software adjusts the portfolios to follow a professional manager's model.