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Bitwise Launches Tokenized Stock Portfolios Supported by Coinbase, Glider

Source
JH Kim

Summary

  • Bitwise said it has launched a tokenized stock portfolio product that users can manage directly from their crypto wallets.
  • The product is built with tokenized stocks and is designed to let users hold and manage their portfolios directly from crypto wallets without a traditional financial account.
  • The infrastructure is supported by Coinbase and on-chain asset management platform Glider, with Bitwise aiming to deliver institution-grade portfolio strategies in an on-chain environment.

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Crypto asset manager Bitwise has launched a tokenized stock portfolio product that users can manage directly from their crypto wallets.

Cointelegraph reported on Aug. 25 that Bitwise had introduced Automated Token Portfolios, an offering that applies portfolio management methods typically used for institutional investors.

The product is built with tokenized stocks and is designed to let users hold and manage their portfolios directly from crypto wallets without going through a traditional financial account.

The infrastructure is supported by US crypto exchange Coinbase and on-chain asset management platform Glider. Bitwise plans to use the product to deliver institution-grade portfolio strategies in an on-chain environment.

Photo: Shutterstock
Photo: Shutterstock
#Security Token
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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