Asset management firm Baillie Gifford’s digital assets and tokenization head, Theo Golden, officially announced in Hong Kong at the “Future of Innovative Finance and Wealth Management” event the launch of the Baillie Gifford Enhanced Yield Fund (BAGEY). The fund is the first investment-grade tokenized yield fund to be dually compliant in both the UK and Hong Kong, aiming to expand into Asian markets through Hong Kong as a strategic hub. BAGEY is natively issued on Ethereum; the token directly represents investors’ ownership, and the blockchain record serves as an official proof of ownership. The fund supports subscriptions and redemptions in USDC and is also live on the Solana network.

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FearGreedMeter
· 4h ago
Native Ethereum issuance plus a simultaneous launch on Solana—looks like someone’s trying to crush other public chains. But for users, having one more option is always a good thing.
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ColdShield
· 4h ago
BAGEY uses USDC for subscription and redemptions, and it also records them directly on-chain as proof of ownership. Traditional financial institutions are finally starting to take tokenization seriously, and we’re looking forward to how liquidity performs going forward.
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CommunityManager
· 5h ago
It’s smart that a long-established asset manager like Baillie Gifford has entered the crypto space and chosen Hong Kong as an Asia hub, since the regulatory environment is relatively friendly. The only question is whether its traditional clients can accept on-chain transactions.
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HalvingCountdown
· 5h ago
This fund is quite interesting in terms of being dual-compliant. Hong Kong and the UK both recognize it—so it feels like compliance-focused token funds are about to get more room to operate.
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