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Baillie Gifford Launches Solana and Ethereum Tokenized Fund with BNY Mellon

Baillie Gifford Launches Solana and Ethereum Tokenized Fund with BNY Mellon
Traditional finance (TradFi) fund manager Baillie Gifford has introduced a new tokenized fund for Solana (SOL) and Ethereum (ETH) in partnership with BNY Mellon. This move marks a significant step in bridging traditional asset management with blockchain technology, offering institutional investors exposure to major cryptocurrencies through a regulated fund structure. The collaboration leverages BNY Mellon's custody and asset servicing expertise to ensure security and compliance. This development highlights growing institutional adoption of digital assets, particularly Solana and Ethereum, as viable investment vehicles within the TradFi ecosystem.
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