UK asset management firm Baillie Gifford Digital Assets has launched an on-chain bond fund, BAGEY (Baillie Gifford Enhanced Yield Fund). The fund uses a native on-chain issuance model, with blockchain serving directly as the legal ownership record, rather than the traditional tokenized fund wrapper structure. Investors can subscribe and redeem using stablecoins, and the fund operates under the UK regulatory framework. https://(wublock123.com)/news/baillie-gifford-digital-assets-onchain-bond-fund-bagey-63239