Baillie Gifford Launches Tokenized Bond Fund on Ethereum and Solana

Key Facts

1Baillie Gifford launched the BAGEY short-duration bond fund with a $100 minimum investment for professional investors.

2The fund targets an approximately 7% yield and settles in USDC stablecoin or fiat currency.

3The tokenized fund is available on Ethereum and Solana networks to enhance global investment accessibility.

Baillie Gifford launched the BAGEY short-duration bond fund with a $100 minimum investment for professional investors. Crypto Briefing reported that the tokenized fund is available on the Ethereum and Solana networks to enhance global investment accessibility, with shares minted directly on public blockchains.

The fund targets an approximately 7% yield and settles in USDC stablecoin or fiat currency, according to TokenPost. This initiative integrates traditional bond portfolios with digital settlement solutions, session.