Bitwise has launched Automated Token Portfolios of Coinbase tokenized U.S. stocks for eligible non-U.S. investors, letting them follow professionally designed models while keeping assets in non-custodial wallets. Independent platform Glider executes purchases and rebalances holdings to Bitwise’s published weights for a 0.15% methodology access fee, excluding trading and platform charges. The first three themes—Mag7X, robotics and AI leaders—equally weight names such as Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta, Tesla, SpaceX and Sandisk, with the robotics book aimed at humanoid robots, autonomous vehicles and warehouse automation. CIO Matt Hougan says the format allows more precise, faster product design than ETFs bound by diversification rules and multi-month launches, and frames ATPs as bringing institutional portfolio construction into crypto-native wallets after Bitwise’s ETFs helped move crypto into traditional finance. Investors own the discrete tokenized shares rather than a pooled fund interest, do not enter an advisory or fiduciary relationship with Bitwise, and U.S. persons are excluded under Regulation S; the SEC has not approved the products. Coinbase’s stock tokens on Base are issued via an ADGM special-purpose vehicle and backed one-to-one through Alpaca Securities custody, subject to prospectus terms, though Bitwise does not independently verify those backing claims. Tokens remaining in user wallets are designed for round-the-clock trading and may support lending, margin and DeFi uses where available, with added liquidation, liquidity and other risks.