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UK's Baillie Gifford launches first UK-regulated fund using Ethereum blockchain as official ownership record.

Market News
13 Nov 2026, 19:43 WIB
Crypto Briefing
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Bullish
UK's Baillie Gifford launches first UK-regulated fund using Ethereum blockchain as official ownership record.

Baillie Gifford has launched the Enhanced Yield Fund, the first UK-regulated fund to use Ethereum blockchain as the official legal register of ownership, not just a mirror. This fund holds government and corporate bonds targeting a 7% yield and allows daily trading with a $100 minimum for professional investors in select regions. The move follows new FCA rules permitting blockchain-based ownership registers in UK funds, marking a shift toward blockchain as a primary record keeper in regulated finance. The fund also distributes on Solana, highlighting a multi-chain approach to asset management.

Baillie Gifford's adoption of Ethereum as a legal register for UK funds is notable alongside Pluang's market data as of Nov 14, 2026 00:41 WIB. Among 50 major cryptocurrencies priced on Pluang, 20 rose and 29 fell. Key movers include ONE (Harmony) at Rp27 with a 5.07% drop and a 64% sell order activity, THETA (Theta Network) at Rp2,586 rising 4.91% but with 100% sell orders, and BTC (Bitcoin) at Rp1,255,880,136 down 4.11% with 67% buy orders and a typical hold time of 113 days.

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