Baillie Gifford partners with BNY to launch tokenized bond fund on Ethereum and Solana
By
Ian Allison
1h ago· 2 min readenNews
Summary
Baillie Gifford, a 118-year-old investment firm, has launched a tokenized fixed-income fund called the Baillie Gifford Enhanced Yield Fund (BAGEY) in partnership with BNY. The dollar-denominated fund provides eligible investors access to an actively managed, short-duration portfolio of public corporate bonds using Ethereum and Solana public blockchains. The fund operates through a U.K.-regulated Open-Ended Investment Company (OEIC).
Source
bskyBaillie Gifford partners with BNY to launch tokenized bond fund on Ethereum and Solanacoindesk.comKey quotes
· 3 pulledBaillie Gifford, a 118-year-old investment firm based in the Scottish capital of Edinburgh, unveiled a fixed-income tokenized fund in association with global custody giant BNY
Baillie Gifford Enhanced Yield Fund (BAGEY) is denominated in dollars, and gives eligible investors access to an actively managed, short-duration portfolio of public corporate bonds using the Ethereum and Solana public blockchains
The fund is operated through a U.K.-regulated Open-Ended Investment Company (OEIC), a type of collective investment fund
Baillie Gifford Enhanced Yield Fund (BAGEY) is denominated in dollars, and gives eligible investors access to an actively managed, short-duration portfolio of public corporate bonds.
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