Coinbase Asset Management Launches Tokenized Bitcoin Yield Fund on Base Network with Apex Group

Coinbase Asset Management is launching a tokenized share class of its Bitcoin Yield Fund on the Base network, initially targeting non-U.S. investors in partnership with Apex Group. The fund allows institutional investors to earn yield through various strategies while ensuring compliance with the ERC-3643 token standard. A U.S. version of the fund is planned, reflecting a broader trend in asset tokenization among major financial firms.

Published Mar 20, 2026

Coinbase Asset Management (CBAM) is introducing a tokenized share class of its Bitcoin Yield Fund on the Base network, initially available to non-U.S. investors. The initiative, in collaboration with Apex Group, which oversees $3.5 trillion in assets, enables institutional investors to earn yield through strategies like lending and selling call options while maintaining Bitcoin exposure.

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The fund uses the ERC-3643 token standard to automate compliance checks, blocking unverified transactions. CBAM plans to launch a U.S. version of the fund. This move aligns with a global trend toward asset tokenization, involving major firms like BlackRock and Fidelity.