Bitwise Launches Self-Custodied Tokenized Stock Portfolio on Base

The notable part is the structure, not the product: a crypto-native asset manager wrapping Coinbase-issued equity tokens inside self-custody on Base, which tests whether tokenized stocks can be distributed through wallets rather than brokerage rails. It matters most to platforms weighing tokenized-equity offerings and to custody providers, since self-custody shifts settlement and key risk onto the holder. The open question is whether issuance, custody and compliance can scale beyond a single manager's branded strategy, and whether the two promised follow-on strategies broaden the underlying exposure or simply replicate the same template.