what's Coinbase Asset Management?

Coinbase Asset Management is the institutional investment arm of Coinbase Global, Inc., specializing in cryptocurrency-focused funds and strategies for accredited investors and institutions. It provides access to bitcoin and other digital assets through structured products like yield-generating funds, leveraging Coinbase's infrastructure for custody, trading, and compliance. The division aims to bridge traditional finance with crypto by offering regulated vehicles that incorporate blockchain-based assets into portfolios, emphasizing security, transparency, and integration with broader financial systems. Key offerings include funds such as the Coinbase Bitcoin Yield Fund, which seeks to deliver bitcoin exposure plus additional yield through strategies involving lending or other on-chain mechanisms. By partnering with platforms like iTrustCapital, it enables tax-advantaged retirement accounts for crypto investments. Coinbase Asset Management focuses on institutional-grade solutions, navigating regulatory landscapes to facilitate tokenized assets, ETFs, and macro-driven crypto strategies, positioning itself at the intersection of digital assets and global finance.

Coinbase launched Bitcoin Yield Fund on Base with tokenized shares, powered by Apex Global, for non-US investors.