The leading US crypto asset manager Bitwise is set to move deeper into tokenized equities. Bitwise CEO Hunter Horsley has teased a new product built on top of Coinbase’s newly launched tokenized stocks on Base.
This comes just days after the asset manager reported more than $1.8 billion in net inflows during the first half of 2026.
“Today, Coinbase launched Tokenized Stocks on Base. Tomorrow, Bitwise will show you what we’re building on top of them,” Bitwise said in a post on X on August 24. The post included a graphic showing “Tokenized Stocks + Bitwise + Glider,” pointing to a collaboration involving the three platforms.
Bitwise Launches New Tokenized Stocks Product
Horsley had teased the upcoming launch a day earlier, saying Bitwise would introduce a “first-of-a-kind new product type” focused on serving “onchain natives.” The firm has not yet disclosed the full details of the product, but its latest post makes clear that tokenized stocks on Base will be at the center of the new offering.
The announcement comes as Coinbase brings tokenized U.S. equities onto Base, its Ethereum layer-2 network. The initial lineup includes tokenized versions of Apple, Nvidia, Meta and Alphabet, with each token backed 1:1 by an underlying share held in regulated custody. The products are available to eligible users outside the U.S. and can be held in self-custody wallets. They can be traded around the clock and used across the Base DeFi ecosystem.
That infrastructure gives Bitwise a new base to build investment products around tokenized equities. It hints at company’s ambitions to move beyond simply offering traditional exposure through an ETF.
Tomorrow, Bitwise will introduce a first-of-a-kind new product type.
Focused on serving onchain natives.
Excited to share and see what you think — https://t.co/LtA7dPz7kV
— Hunter Horsley (@HHorsley) August 24, 2026
Bitwise Reports $1.8 Bn Inflows in H1 2026
The move also follows a strong first half for Bitwise. Horsley said investors put more than $1.8 billion into the firm’s products in H1. This is despite the difficult market environment. As per the company, more than $100 million flowed into each of its four major product areas: ETFs and ETPs, private active and alpha strategies, staking, and vaults.
Bitwise has already been experimenting with putting traditional investment products onchain. In June, the firm launched the Bitwise Crypto Carry Fund, a tokenized fund designed to give qualified investors exposure to a crypto cash-and-carry strategy through blockchain infrastructure.
The firm has also explored tokenizing shares of its existing ETFs, including its Solana Staking ETF, in partnership with Superstate. Bitwise has also continued expanding its ETF lineup. It recently added staking in its proposed NEAR ETF.
The tokenized-stock push puts Bitwise into a market that is quickly attracting major crypto platforms and asset managers.
But for Bitwise, the opportunity is less about simply creating another way to buy stocks which exchanges like Coinbase are already doing. It is more about building investment products around tokenized assets that can move through blockchain-based financial markets. Its latest teaser suggests the firm wants to use the infrastriucture being put in place by Coinbase and Base to reach investors who already operate onchain.
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The full product details are expected to be revealed by Bitwise next. This will be giving the market its first look at how the asset manager plans to package tokenized equities for onchain investors.
Sneha Agrawal 
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