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RWA Crypto

Bitwise launches self-custodied tokenized stock portfolios with Coinbase

Bitwise has introduced new portfolios that automatically rebalance Coinbase tokenized stocks, allowing eligible non-US investors to hold assets in their own wallets. This move integrates traditional equities with crypto self-custody, marking a step in RWA tokenization.

Original source

AI take

The notable shift here is structural rather than product-level: tokenized equities are moving from custodial wrappers toward self-custody, which changes who bears operational risk and how these instruments could be distributed. Restricting access to eligible non-US investors reflects the regulatory gap that still shapes RWA tokenization, leaving US participants outside this particular model. Whether self-custodied, auto-rebalancing equity portfolios attract meaningful demand — and whether other issuers follow with comparable structures — is the open question worth watching.

Generated by AI for reference only.

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