#BaillieGifford

8 articles tagged #BaillieGifford — curated RWA tokenization coverage.

#Ethereum #Solana #BNY #BAGEY #FixedIncome #TokenizedBonds #TokenizedFunds #AssetManagement #Blockchain #CorporateBonds

8.5

Baillie Giffford launches native tokenized fund in Hong Kong

Baillie Gifford has received authorization from the Hong Kong Securities and Futures Commission (SFC) for the Baillie Gifford Enhanced Yield (BAGEY) fund, a fully native tokenized investment vehicle. Unlike traditional tokenized funds that utilize wrappers or special purpose vehicles, BAGEY is issued directly on public blockchain infrastructure, where the token serves as the official record of ownership. This actively managed portfolio focuses on short-duration government and corporate bonds, marking a significant expansion of Hong Kong's tokenized fixed income market. Developed in collaboration with BNY, the fund utilizes BNY’s tokenization and wallet infrastructure to eliminate the need for parallel record-keeping. By establishing the blockchain as the legal source of truth, the structure aims to enhance transparency and reduce operational complexity for professional investors. This development aligns with the Hong Kong Monetary Authority’s Fintech 2030 strategy and Project Ensemble, reinforcing the region's position as a hub for regulated digital assets. The launch represents a shift toward native issuance models that prioritize direct on-chain ownership over legacy intermediary structures.

#TokenizedFunds #FixedIncome

UK’s Baillie Gifford Brings Native Tokenized Fund to Ethereum

8.5

Active Strategies

UK’s Baillie Gifford Brings Native Tokenized Fund to Ethereum

UK-based investment manager Baillie Gifford has launched the Baillie Gifford Enhanced Yield Fund (BAGEY) natively on the Ethereum blockchain. This deployment marks a significant shift in RWA tokenization, as the blockchain serves as the legal register of record for investor ownership rather than relying on traditional transfer agents. By issuing the fund interests directly on-chain, the firm eliminates the need for separate off-chain record-keeping systems, which simplifies administration and enhances auditability. This move follows the firm's recent launch of a similar product on the Solana blockchain, signaling a broader strategy to integrate public infrastructure into regulated financial products. The BAGEY fund focuses on short-duration government and corporate bonds, utilizing the blockchain to streamline reconciliation and transparency. Unlike many existing tokenized products that act as wrappers for traditional funds, these tokens represent the actual fund interests themselves. This development underscores a growing trend among major asset managers to move beyond pilot programs toward live, regulated on-chain financial architecture.

#Ethereum #RWA #TokenizedFunds

cryptotimes.io·Jul 7

JPMorgan Expands Tokenized Deposit Network With Singapore Dollar

5.5

Infrastructure

JPMorgan Expands Tokenized Deposit Network With Singapore Dollar

The provided text contains a collection of disparate industry updates rather than a single cohesive narrative regarding a specific RWA event. Notable developments include Baillie Gifford entering the digital asset space with over $377 billion in assets under management and Fireblocks launching a 90-day roadmap to upgrade embedded wallets into sophisticated financial products. Polygon continues to solidify its role in digital payments through significant stablecoin activity, while Sui Network has partnered with Token Terminal to enhance blockchain analytics capabilities. Additionally, Let’s Burn has formed a strategic partnership with the CeDeFi yield hub SumPlusReal, and Coinbase's Base blockchain successfully resolved a two-hour block production outage. These updates collectively highlight the ongoing maturation of blockchain infrastructure and the increasing institutional interest in tokenized financial services. The integration of advanced analytics and improved wallet functionality is critical for the RWA market to achieve broader adoption and operational efficiency. By diversifying their service offerings, these firms are laying the groundwork for more complex, on-chain financial interactions.

#Polygon #InstitutionalAdoption #Fireblocks

cointrust.com·Jun 29

Baillie Gifford launches UK's first 'fully native' tokenised fund

8.5

Active Strategies

Baillie Gifford launches UK's first 'fully native' tokenised fund

Baillie Gifford has launched the UK's first native tokenised fund, marking a significant milestone for the integration of traditional asset management with blockchain technology. The fund, which is structured as an open-ended investment company, utilizes tokenization to streamline administrative processes and enhance operational efficiency for investors. By leveraging distributed ledger technology, the firm aims to reduce the friction typically associated with fund subscriptions and redemptions in the UK market. This development represents a shift in how institutional asset managers approach digital infrastructure, signaling a broader trend toward the modernization of investment vehicles. The initiative highlights the growing regulatory and technical readiness within the UK to support tokenized financial products. As a major player in the investment space, Baillie Gifford's move provides institutional validation for the use of blockchain in fund distribution. This transition is expected to pave the way for further adoption of tokenized assets among traditional financial institutions seeking to improve liquidity and transparency.

#Blockchain #BaillieGifford #UKFinance

investmentweek.co.uk·Jun 27

$BAGEY Debuts on Solana as UK-Regulated Fund Goes Fully On-Chain

9.0

U.S. Treasuries

$BAGEY Debuts on Solana as UK-Regulated Fund Goes Fully On-Chain

Baillie Gifford has launched the Enhanced Yield Fund ($BAGEY) on the Solana blockchain, marking the first instance of a UK-regulated Open Ended Investment Company (OEIC) issued natively on-chain. Unlike traditional tokenized products that merely wrap existing assets, this fund utilizes the blockchain as the official register of record for investor ownership. Developed in collaboration with BNY, the fund allows professional investors to subscribe and redeem using USDC or traditional fiat currency. The portfolio focuses on short-duration corporate bonds, targeting an approximate 7% yield with an average credit quality of BBB and a two-year duration. By integrating blockchain infrastructure directly into fund operations, the initiative aims to enhance transparency, operational efficiency, and settlement speed. This development signifies a major shift for institutional asset managers moving beyond experimental pilots toward fully integrated digital financial products. The launch further solidifies Solana's growing reputation as a preferred network for institutional-grade real-world asset tokenization.

#Solana #Tokenization #FixedIncome

livebitcoinnews.com·Jun 27

Baillie Gifford Tokenized Bond Fund Adds To Solana And Ethereum RWA Race

8.0

U.S. Treasuries

Baillie Gifford Tokenized Bond Fund Adds To Solana And Ethereum RWA Race

Baillie Gifford is reportedly developing a regulated tokenized bond fund that utilizes public blockchain infrastructure, marking a significant entry by a traditional asset manager into the real-world asset space. The initiative involves leveraging both Solana and Ethereum, with institutional custody services provided by BNY. This development highlights the growing trend of integrating traditional financial products with blockchain rails to enhance settlement efficiency, transparency, and programmable distribution. By targeting bonds, the fund aims to streamline complex custody systems and improve automated collateral management. The choice of public chains reflects a strategic balance between Ethereum's institutional familiarity and Solana's high-speed, low-cost performance. This move serves as a critical data point for the broader RWA market, demonstrating that institutional demand for yield and efficiency is driving the adoption of blockchain technology. Ultimately, the project underscores the ongoing convergence of regulated financial products and decentralized infrastructure, signaling a shift toward more compatible and efficient market workflows.

#Ethereum #Solana #TokenizedBonds

bitcoinist.com·Jun 25

Baillie Gifford Launches UK First Fully Tokenized Bond Fund on Blockchain

9.0

Credit (Private Credit)

Baillie Gifford Launches UK First Fully Tokenized Bond Fund on Blockchain

Baillie Gifford has launched the Baillie Gifford Enhanced Yield Fund (BAGEY), marking the United Kingdom's first fully native tokenized bond fund. Unlike traditional tokenized products that overlay digital wrappers on existing assets, BAGEY is issued directly on the Ethereum and Solana blockchains, which serve as the official register of record. This structural shift eliminates legacy infrastructure, providing investors with direct ownership and recourse through onchain tokens. The short-duration fixed income fund targets corporate bonds with a two-year duration and an average credit quality of BBB. Investors can access the daily-dealt fund with a minimum investment of $100, utilizing either fiat currency or USDC stablecoins. Partnering with BNY for tokenization and wallet infrastructure, the firm aims to modernize asset management by leveraging blockchain as the primary ledger. This development represents a significant milestone for the RWA market by demonstrating a fully onchain, regulated investment vehicle.

#Ethereum #Solana #TokenizedBonds

harianbasis.co·Jun 24

TradFi fund manager Baillie Gifford introduces Solana, Ethereum tokenized fund with BNY

9.0

Credit (Private Credit)

TradFi fund manager Baillie Gifford introduces Solana, Ethereum tokenized fund with BNY

Edinburgh-based investment firm Baillie Gifford has launched the Baillie Gifford Enhanced Yield Fund (BAGEY), a tokenized fixed-income fund offering exposure to short-duration public corporate bonds. Developed in collaboration with BNY, the fund utilizes both the Ethereum and Solana blockchains to serve as the official register of record, rather than merely wrapping existing assets. Structured as a U.K.-regulated Open-Ended Investment Company (OEIC), the fund provides eligible investors in the U.K., Switzerland, and the Cayman Islands with direct ownership and recourse. BNY provides the necessary tokenization and wallet infrastructure, while NatWest Trustee and Depositary Services acts as the depositary. Currently yielding approximately 7%, the fund represents a shift toward native onchain issuance within traditional finance frameworks. This development is significant for the RWA market as it demonstrates how established institutional players are moving beyond experimental pilots to integrate blockchain technology into core regulated fund structures. By prioritizing direct onchain ownership, the initiative aims to improve the efficiency and transparency of traditional investment vehicles.

#Ethereum #Solana #BaillieGifford

CoinDesk·Jun 22

#BaillieGifford

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