TradFi fund manager Baillie Gifford introduces Solana, Ethereum tokenized fund with BNY
CoinDesk·
60-second summary
Baillie Gifford Enhanced Yield Fund, denominated in dollars, offers eligible investors access to a short-duration portfolio of public corporate bonds through an actively managed fund. BAGEY's introduction marks a shift in TradFi's approach to digital assets, potentially paving the way for more institutional adoption of tokenized funds and blockchain technology in the financial sector, boosting market confidence in crypto.
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.