Solana (SOL) - Baillie Gifford Fund Live - 22 June 2026
The Baillie Gifford Enhanced Yield Fund (ticker BAGEY) has been launched as a fully on-chain, UK-regulated tokenised fund on Solana, with USDC settlement and the blockchain acting as the register of record rather than a wrapper structure, according to Solana’s announcement on X (source). The fund is built with BNY involved in the infrastructure, signaling institutional confidence in Solana’s reliability for regulated financial products. Mechanically, this adds real-world asset and fund administration activity directly onto Solana, which can support long-term demand for blockspace, reinforce the institutional narrative around SOL, and potentially attract additional tokenised funds.
Solana@solanaJun 22, 2026$BAGEY has launched on Solana.
The Baillie Gifford (@BGDA_UK) Enhanced Yield Fund is the first publicly available, fully native UK-regulated tokenised fund issued onchain, settled in USDC, built with BNY.
Not a wrapper. The blockchain is the register of record. pic.twitter.com/jH1p55UY8q