Baillie Gifford has introduced the Enhanced Yield Fund (BAGEY), a tokenized bond fund on Ethereum and Solana blockchains, targeting a 7% yield. The fund, available to professional investors, holds a mix of public corporate and government bonds with an average credit rating of BBB and a duration of about two years. It allows investments starting at $100, settled in USDC or fiat, with daily net asset value calculations. Custody and tokenization are managed by BitGo Bank & Trust, BNY, Anchorage Digital, and Archax, combining traditional bond investing with blockchain technology for transparency and efficiency.
Baillie Gifford's launch of the tokenized BAGEY bond fund on Ethereum and Solana comes as 21 of 50 major cryptocurrencies on Pluang rose today while 28 fell. Notable price changes include ALGO down 5.09% at Rp2.292 with a balanced 50% sell/buy order activity, AXS up 4.54% at Rp20.627 with 53% sell orders, and LTC down 3.35% at Rp1.214.898 with 87% buy orders. This market snapshot is as of Sep 29, 2026 23:51 WIB.
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