Baillie Gifford Launches BAGEY Tokenized Yield Fund in Hong Kong, Supports Fiat and Stablecoin Subscriptions

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According to Foresight News, Baillie Gifford recently launched Baillie Gifford Asset Enhancement Yield (BAGEY), a tokenized fund, in Hong Kong. The fund is natively issued on public blockchain infrastructure, with tokens representing investor fund shares and blockchain serving as the official ownership record. Qualified professional investors can subscribe and redeem using fiat currency or stablecoins, initially USDC. The fund is denominated in USD and issued on Ethereum and Solana, offering T+0 redemption up to 10% of net asset value through stablecoin channels.
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