Baillie Gifford Launches Tokenized Corporate Bond Fund on Ethereum and Solana, Targeting ~7% Yield

PANews, June 22 – According to CoinDesk, the 118-year-old Scottish investment firm Baillie Gifford has launched a tokenized corporate bond fund, issued on Ethereum and Solana, targeting a yield of approximately 7%. The fund uses tokenization infrastructure services provided by BNY and is aimed at institutions and qualified investors seeking corporate bond exposure via blockchain. This marks the latest case of a traditional asset manager utilizing public blockchains for the issuance and settlement of real-world assets (RWA).

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