{"id":67066,"date":"2026-01-27T08:31:48","date_gmt":"2026-01-27T08:31:48","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitwise-launches-non-custodial-defi-vault-as-asset-managers-move-on-chain\/"},"modified":"2026-01-27T08:31:48","modified_gmt":"2026-01-27T08:31:48","slug":"bitwise-launches-non-custodial-defi-vault-as-asset-managers-move-on-chain","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitwise-launches-non-custodial-defi-vault-as-asset-managers-move-on-chain\/","title":{"rendered":"Bitwise launches non-custodial DeFi vault as asset managers move on-chain"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/01\/ChatGPT-Image-Jan-27-2026-01_45_26-PM-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/01\/ChatGPT-Image-Jan-27-2026-01_45_26-PM-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/01\/ChatGPT-Image-Jan-27-2026-01_45_26-PM-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/01\/ChatGPT-Image-Jan-27-2026-01_45_26-PM-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li data-start=\"79\" data-end=\"730\">The initial strategy focuses on USDC stablecoin lending through overcollateralised pools on Morpho.<\/li>\n<li data-start=\"79\" data-end=\"730\">Bitwise said the strategy currently targets returns of up to 6%, depending on market conditions.<\/li>\n<li data-start=\"79\" data-end=\"730\">The launch signals a broader shift by asset managers toward building and managing on-chain infrastructure.<\/li>\n<\/ul>\n<p data-start=\"79\" data-end=\"730\">Bitwise has taken a clear step beyond exchange-traded products by launching its first non-custodial on-chain yield strategy, signalling a deeper push into decentralised finance infrastructure.<\/p>\n<p data-start=\"79\" data-end=\"730\">The firm confirmed the launch on Jan. 26, positioning the new product as an on-chain vault curated by Bitwise but executed entirely through smart contracts.<\/p>\n<p data-start=\"79\" data-end=\"730\">Users retain control of their assets at all times, while Bitwise oversees how capital is allocated across decentralised lending markets.<\/p>\n<p data-start=\"79\" data-end=\"730\"><a href=\"https:\/\/x.com\/bitwiseinvest\/status\/2015866766472126718?s=46&amp;t=nznXkss3debX8JIhNzHmzw\">The move<\/a> highlights how traditional crypto asset managers are increasingly experimenting with direct DeFi exposure rather than relying solely on regulated wrappers.<\/p>\n<h2 data-start=\"732\" data-end=\"765\">Non-custodial vault structure<\/h2>\n<p data-start=\"767\" data-end=\"1136\">The new product is structured as a non-custodial vault, meaning users do not transfer control of their funds to Bitwise or to any centralised intermediary.<\/p>\n<p data-start=\"767\" data-end=\"1136\">Instead, assets remain in user-controlled wallets and are deployed on-chain according to predefined rules.<\/p>\n<p data-start=\"767\" data-end=\"1136\">Bitwise manages the strategy parameters, but all activity takes place transparently on public blockchains.<\/p>\n<p data-start=\"1138\" data-end=\"1477\">This setup is designed to appeal to investors who want exposure to on-chain yield without sacrificing custody.<\/p>\n<p data-start=\"1138\" data-end=\"1477\">All positions are visible on-chain, allowing users to track where funds are deployed in real time.<\/p>\n<p data-start=\"1138\" data-end=\"1477\">The firm has framed this as a way to combine professional portfolio management with the core principles of decentralised finance.<\/p>\n<h2 data-start=\"1479\" data-end=\"1505\">Stablecoin yield focus<\/h2>\n<p data-start=\"1507\" data-end=\"1816\">The initial vault focuses on stablecoin lending, starting with USD Coin USDC.<\/p>\n<p data-start=\"1507\" data-end=\"1816\">Deposited funds are allocated to overcollateralised lending pools, where borrowers must post excess collateral to secure loans.<\/p>\n<p data-start=\"1507\" data-end=\"1816\">This structure is intended to limit counterparty risk compared with undercollateralised lending models.<\/p>\n<p data-start=\"1818\" data-end=\"2235\">The strategy is built on Morpho, a decentralised lending protocol that allows asset managers to design customised lending strategies while relying on standardised smart contracts.<\/p>\n<p data-start=\"1818\" data-end=\"2235\">According to Bitwise, the vault currently targets returns of up to 6% annually, depending on market conditions.<\/p>\n<p data-start=\"1818\" data-end=\"2235\">The firm has emphasised that yields will fluctuate based on on-chain supply and demand rather than being fixed or guaranteed.<\/p>\n<h2 data-start=\"2237\" data-end=\"2265\">Risk management on-chain<\/h2>\n<p data-start=\"2267\" data-end=\"2566\">Bitwise said strategy design and ongoing risk oversight are led by Jonathan Man, CFA, who heads the firm\u2019s multi-strategy solutions group.<\/p>\n<p data-start=\"2267\" data-end=\"2566\">The vault draws on Bitwise\u2019s existing research, trading, and risk infrastructure, which has been developed through years of managing crypto investment products.<\/p>\n<p data-start=\"2568\" data-end=\"2951\">Smart contract execution ensures that positions are managed automatically according to predefined rules, while transparency allows users to independently verify activity.<\/p>\n<p data-start=\"2568\" data-end=\"2951\">Bitwise has not disclosed performance data so far, noting that the vault is still in its early stages.<\/p>\n<h2 data-start=\"2953\" data-end=\"2995\">Asset managers eye DeFi infrastructure<\/h2>\n<p data-start=\"2997\" data-end=\"3348\">The Morpho vault represents Bitwise\u2019s first direct move into non-custodial DeFi strategies.<\/p>\n<p data-start=\"2997\" data-end=\"3348\">Until now, the firm has primarily been associated with exchange-traded products and research aimed at traditional investors.<\/p>\n<p data-start=\"2997\" data-end=\"3348\">This launch marks a shift toward building and managing on-chain tools rather than offering exposure solely through off-chain products.<\/p>\n<p data-start=\"3350\" data-end=\"3662\">Morpho has gained traction as a platform for professional-grade DeFi strategies, enabling managers to deploy capital programmatically while maintaining on-chain transparency.<\/p>\n<p data-start=\"3350\" data-end=\"3662\">Bitwise has said it views on-chain vaults as a growing segment of the crypto market and plans to explore additional strategies over time.<\/p>\n<p data-start=\"3664\" data-end=\"3990\">While the firm has not shared timelines for expansion, it has described the vault as an early step in a longer on-chain roadmap.<\/p>\n<p data-start=\"3664\" data-end=\"3990\">As more capital flows into blockchain-based finance, Bitwise\u2019s move suggests that asset managers are increasingly treating DeFi as core financial infrastructure rather than a peripheral experiment.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/bitwise-launches-non-custodial-defi-vault-as-asset-managers-move-on-chain\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) The initial strategy focuses on USDC stablecoin lending through overcollateralised pools on Morpho. Bitwise said the strategy currently targets returns of up to 6%, depending on market conditions. The launch signals a broader shift by asset managers toward building and managing [&hellip;]<\/p>\n","protected":false},"author":3947362361,"featured_media":67067,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/67066"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362361"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=67066"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/67066\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/67067"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=67066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=67066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=67066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}