£286.3B UK INVESTMENT GIANT LAUNCHES TOKENIZED FUND ON ETHEREUM AND SOLANA
UK-based Baillie Gifford, a 118-year-old firm with £286.3 BILLION in AUM, launched the Baillie Gifford Enhanced Yield Fund with BNY.
The dollar-denominated fund offers around 7% YIELD and gives eligible investors access to an actively managed, short-duration portfolio of public corporate bonds.
It will run through a U.K.-regulated OEIC structure on Ethereum and Solana, and be available to eligible investors in the U.K., Switzerland and Cayman Islands.