Baillie Gifford’s Regulated Tokenized Fund BAGEY Launches on Solana

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On-chain news broke on June 22, 2026, as Baillie Gifford’s tokenized yield fund, BAGEY, launched on Solana. The fund settles in USDC and utilizes BNY infrastructure. Solana confirmed that BAGEY is the first UK-regulated, fully native on-chain tokenized fund, with the blockchain itself serving as the official registry—not a wrapped product. Blockchain news highlights this as a major milestone for regulated tokenization.

ChainThink reports that on June 22, according to Solana platform updates, the Baillie Gifford Enhanced Yield Fund token, BAGEY, has launched on Solana, settled in USDC, and is supported by BNY Mellon’s infrastructure.

Solana states that BAGEY is the first publicly available, fully native, and UK-regulated on-chain tokenized fund; the fund is not a traditional wrapped product—the blockchain itself serves as the official ledger.

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