Coinbase Launches Tokenized Bitcoin Yield Fund
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Coinbase Asset Management introduces a tokenized Bitcoin Yield Fund on the Base network, partnering with Apex Group to manage three trillion dollars in assets. This move allows shares to be traded as tokens, offering investors yield on their bitcoin holdings. Major players like BlackRock, Fidelity, and Franklin Templeton are also exploring tokenization for faster settlements and wider access. Coinbase Institutional sees strong demand from big investors, and Apex plans to tokenize one hundred billion dollars in funds by 2027. Tokenized assets are expected to become a multi-trillion-dollar market by the early thirties, transforming capital markets.
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