Overview
- Bitwise’s first strategy is now operating on Morpho, offering stablecoin lending exposure with on-chain execution and user-controlled custody.
- Portfolio manager Jonathan Man, CFA, leads strategy design and real-time risk oversight, drawing on Bitwise’s 140-person tech and investment team.
- The firm has not disclosed initial deposits, total vault size, minimums, or whether access is limited to institutions or includes retail participants.
- Bitwise warns that returns are variable and that smart-contract, oracle, liquidity, and socialized bad-debt risks apply to the lending strategy.
- The company positions this as the start of a broader on-chain buildout, with plans to expand into additional vault strategies over time.