Bitwise Asset Management announced the launch of an onchain non-custodial vault curation product built on Morpho.
The initiative introduces a professionally managed DeFi yield strategy aimed at institutional and sophisticated investors.
The first vault focuses on stablecoin lending strategies designed to target returns of up to 6% APY.
Bitwise said the product allows investors to retain full control of assets through a non-custodial structure.
The vault curation strategy is powered by Morpho’s modular onchain lending architecture.
Bitwise confirmed the strategy is led by Jonathan Man, head of multi-strategy solutions and DeFi strategies.
The firm said the product leverages its internal technology and investment team of around 140 staff.
The launch reflects Bitwise’s broader push to bridge traditional asset management with decentralised finance tools.
The company manages roughly $15 billion in client assets across crypto index and active products.
Bitwise said vault curation is intended to simplify onchain risk management for investors.