TradFi fund manager Baillie Gifford introduces Solana, Ethereum tokenized fund with BNY (opens original article in a new tab)

A traditional finance fund manager launches a tokenized fund on Ethereum and Solana with BNY's infrastructure support.

• Baillie Gifford introduces a tokenized fixed-income fund using Ethereum and Solana blockchains
• BNY provides tokenization and wallet infrastructure for the fund
• The fund offers a 7% yield and is available in the UK, Switzerland, and Cayman Islands