Coinbase Asset Management Launches on iCapital
TL;DR: Coinbase Asset Management’s strategies are now available on the iCapital Marketplace, available to wealth managers, RIAs, and institutional allocators. Financial advisors can now access Coinbase US Bitcoin Yield Fund and the Coinbase Stablecoin Yield Fund directly within their existing alternative investment workflows. This integration bridges traditional private wealth management with institutional-grade digital asset alpha.
As onchain finance continues to reshape global market structures, institutional demand for new sources of yield and alpha through digital assets has evolved. Investors increasingly require capital-efficient, risk-managed yield options, not just directional exposure.
To meet this demand, Coinbase Asset Management is bringing its premier institutional strategies onto iCapital Marketplace. This launch allows US Accredited Investors, Qualified Purchasers, and Qualified Institutional Buyers to seamlessly allocate within their existing workflows to the Coinbase Asset Management funds, the only crypto funds and the only exposure to the tokenized asset world currently available on iCapital.
Bridging Wealth Management and Digital Alpha
For Registered Investment Advisors (RIAs) and wealth platforms, managing digital assets across siloed systems has historically presented operational friction. By making our flagship US funds available on iCapital Marketplace, we eliminate these operational barriers. Advisors can now research, onboard, and manage crypto-yield allocations directly alongside traditional private equity, credit, and real estate offerings.
Two distinct Coinbase Asset Management strategies are now officially live on the platform for Institutional Investors:
Coinbase’s US Bitcoin Yield Strategy: The strategy captures the directional exposure of BTC while seeking an additional return premium on top of Bitcoin's performance, generated from active management across basis trading, options, and credit strategies. The goal of this strategy is to outperform bitcoin over all market cycles.1
Coinbase Stablecoin Yield Fund: The strategy is investing at the intersection of stablecoins, credit markets, and tokenization. It acts as a high yield credit diversifier with enhanced liquidity features driven by tokenization. The portfolio offers exposure to diversified short-duration, high-yield, opportunistic digital credit utilizing USD stablecoins across a diversified portfolio of traditional “offchain” credit and “onchain” tokenized credit, while also capturing alpha from unique dynamics across stablecoins and onchain credit markets. The fund aims to hold between 20-30 individual line items; each line item represents from dozens to hundreds of underlying loans.2
iCapital Clients can access the funds at http://icapital.com/coinbaseAM.
Institutional Structure, Reduced Friction
Coinbase Asset Management approaches digital assets through a lens of strict operational risk mitigation. Both strategies are accessible via traditional private fund vehicles on iCapital Marketplace, leveraging qualified custodians and institutional-grade execution and operations.
Advisors can execute subscriptions, review institutional performance reporting, and receive consolidated tax documentation without interacting with separate onchain infrastructure. This brings the security and infrastructure of the broader Coinbase ecosystem into the standard advisor toolkit.
About Coinbase Asset Management
Coinbase Asset Management (“Coinbase AMˮ or “CBAMˮ) bridges the gap between traditional finance and the digital economy. We build strategies, both active and passive, across bitcoin, stablecoins, and tokenized markets allowing investors to capture convex alpha outcomes, diversified yield sources, and invest in the future of global markets infrastructure.
As a wholly-owned subsidiary of Coinbase with offices in Stamford, CT and the Cayman Islands, we operate with the highest standards of oversight. CBAM is an SEC-registered Investment Adviser (RIA), a CPO and CTA with the NFA, and is regulated by the CFTC. CBAM’s Cayman-based advisor is further supported by a CIMA asset management license, ensuring global compliance for a diverse investor base.
1The offshore variants of these strategies remain strictly restricted to international allocators and are not available on iCapital marketplace.
2The Coinbase Stablecoin Yield Fund’s Tokenized Share Class T and Share Class S (BTC Sweep) are not available through iCapital Marketplace.
