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Baillie Gifford Launches UK-Regulated Tokenized Bond Fund on Solana and Ethereum With BNYBaillie Gifford, the Edinburgh-based investment firm, has launched a tokenized corporate bond fund natively on 

Baillie Gifford Launches UK-Regulated Tokenized Bond Fund on Solana and Ethereum With BNYBaillie Gifford, the Edinburgh-based investment firm, has launched a tokenized corporate bond fund natively on Solana and Ethereum, making it the first publicly available, fully native UK-regulated tokenized fund issued on public blockchains.

The fund, called the Baillie Gifford Enhanced Yield Fund with ticker $BAGEY, targets roughly 7% annual yield through active fixed-income management, CoinDesk reported Monday. BNY provides the tokenization and wallet infrastructure. Baillie Gifford's digital-assets unit BGDA announced the launch describing it as "an actively managed bond fund, issued natively onchain, with the blockchain as the legal source of truth." Fund size at launch has not been disclosed publicly.Most tokenized funds operate through a wrapper structure: investors hold a tokenized receipt representing a claim on a fund whose ownership records remain off-chain in a traditional registrar. BAGEY uses a different architecture. The token itself is the legal holding. Subscriptions and redemptions settle in $USDC directly against the chain. Solana's official account confirmed the design: "Not a wrapper. The blockchain is the register of record."That structure has practical implications for



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Baillie Gifford Launches UK-Regulated Tokenized Bo

KERNEL chatter is bearish and concerned as the token slides, with confusion over the drop and low engagement. On Jun 3–10, KernelDAO upgraded StakeManager and is winding down the dApp, enabling claims

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift Packs2026 World Cup Posting Challenge on HTX Square Aztec Reaches L2Beat Stage 2 After Governance Revokes Rollup Con

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Aztec Reaches L2Beat Stage 2 After Governance Revokes Rollup Contract Ownership



**Deck:** On-chain governance stripped admin control over Aztec's rollup contract, freezing the code in place and clearing the technical bar for L2Beat's top decentralization tier.

Privacy-focused Ethereum layer-2 Aztec said it reached Stage 2 on L2Beat, the highest decentralization rating the rollup tracker assigns. The milestone followed an on-chain governance action that revoked ownership of the rollup contract.

Aztec announced the change Monday afternoon on X. Revoking ownership made the contract code immutable, the network said, leaving no admin able to override the protocol and preserving an escape hatch through which users can always exit. Those three properties map directly to the conditions L2Beat sets for its top tier.

Code Frozen In Place

L2Beat's Stage 2 is the final rung on its maturity ladder, reserved for rollups fully governed by smart contracts rather than a privileged operator. The framework requires an immutable contract with no admin override, a permissionless proof system, and an exit window that lets users withdraw their funds if they object to an upgrade. L2Beat's project page lists Aztec at Stage 2.

Most rollups launch with what L2Beat calls training wheels: a multisig or security council that can pause the chain or push upgrades. Stage 2 removes that backstop. With ownership revoked, Aztec's rollup contract can no longer be changed by its deployers. The escape hatch is the user-side guarantee, a mechanism that lets holders withdraw to Ethereum even if the network's operators stop cooperating.

Privacy Pitch

Aztec described itself as the only decentralized L2 with privacy native to the protocol. The network runs an Ethereum layer-2 in which transaction privacy is built into the base layer rather than added by indiv

Aztec Reaches L2Beat Stage 2 After Governance Re

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XRP News: Why July 1 Is a Make or Break Date for Ripple in California July 1 is shaping up to be an important deadline for Ripple. It centres on a regulatory filing that has not yet appeared in public

XRP News: Why July 1 Is a Make or Break Date for Ripple in California

July 1 is shaping up to be an important deadline for Ripple. It centres on a regulatory filing that has not yet appeared in public records. This development has become especially significant for anyone following recent XRP News. Meanwhile, the outcome may impact the market.


The Deadline Explained

California’s Department of Financial Protection and Innovation is finalising its licensing framework under the Digital Financial Assets Law. July 1, 2026, marks the enactment date. Under the proposed rules, businesses may continue operating in California if they submit a complete DFAL application before that date. Various XRP News articles have also discussed this topic extensively throughout the month.

Ripple engaged directly with the DFPI earlier this year, submitting formal comments on the proposed regulations. In its letter to the department, Ripple confirmed it understood and supported the framework. This framework allows businesses to continue operating if they file a complete application by July 1, 2026. Recent updates from XRP-focused news platforms have also highlighted this development.


What Is Missing From Public Records

According to research shared by analyst WrathofKahneman, public DFPI documentation through March 2026 does not list any Ripple entities among DFAL applicants. However, that does not necessarily mean Ripple has not filed. Given Ripple’s direct engagement with the DFPI on the rulemaking process, and its explicit reference to the July 1 deadline in its regulatory comments, a filing is considered likely to exist. Even if it has not yet surfaced in public disclosures, reports within XRP News circles are also speculating about possible explanations for this missing information.

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XRP News: Why July 1 Is a Make or Break Date for R

MicroStrategy, now working under the name Strategy, gathered another 520 bitcoins for about USD 34.9 to 35.0 million between June 15 and June 21, 2026, which comes out to be an average buy price of ab

Stacking Sats by the Billion: MicroStrategy Adds 520 Bitcoin to Push Treasury Past 847,000 BTC - Eco

On June 23, the comet Atlas (3I/ATLAS) became the third known 'interstellar visitor' to visit the solar system. Researchers from Europe and the United States analyzed its isotopes and speculated that 

Interstellar Visitor Atlas May Have Formed 12 Billion Years Ago

🧩 Injective Protocol has officially launched its Vulcan upgrade, introducing a new decentralized order book module to the ecosystem. The update enhances scalability, flexibility, and overall user expe

XRP drifts toward $1.10 support as traders await break from three-week range HTX Creation Challenge — Post and Win 1,500U 💥World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT i

XRP drifts toward $1.10 support as traders await break from three-week range



$XRP is running out of room. After spending most of June trapped between resistance overhead and support near $1.10, the token is once again testing the bottom of its range.

While the latest decline was small, the inability to build on recent rebounds has left traders focused on whether buyers defend support or finally give way after weeks of compression.

XRP drifts toward $1.10 support as traders await b

On June 23, following a sharp shift in global sentiment towards the artificial intelligence market and macroeconomic events, the stock markets in South Korea and Japan experienced significant sell-off

South Korean and Japanese Stock Markets Decline Due to Heavy Sell-off in Tech Stocks

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