Baillie Gifford Uses Blockchains for UK Fund Ownership Records
The asset manager has selected Ethereum and Solana to maintain legal ownership records for its Enhanced Yield Fund.
The asset manager has selected Ethereum and Solana to maintain legal ownership records for its Enhanced Yield Fund. Ethereum (ETH) is trading at ₹1,71,427 ($1,818.62), down 4.7% since this brief published. This is an original Token Times brief based on reporting by Crypto Economy, with live market data added, as of Sun, 15 Nov 2026 03:45:01 UTC.
The deployment brings blockchain-based ownership records into a regulated UK corporate-bond fund, connecting tokenization with institutional wallet infrastructure.
- Baillie Gifford selected Ethereum and Solana for BAGEY ownership records
- The UK OEIC focuses on short-duration corporate bonds
- ETH trades at $1,908.85, down 2.67% over 24 hours
- Total crypto market capitalization stands at $2.34 trillion
Baillie Gifford has adopted 
Ethereum and 
Solana as the official legal-ownership registry for its Baillie Gifford Enhanced Yield Fund, according to Crypto Economy. The fund is structured as an Open-Ended Investment Company regulated in the United Kingdom and invests in a portfolio of short-duration corporate bonds.
The project extends blockchain use into the fund’s ownership and transaction infrastructure, Crypto Economy reported. The source also described tokenization and institutional wallet management as part of the implementation, although it did not provide additional technical or deployment details. No other outlet covered the development in the supplied material.
Ethereum was trading at $1,908.85, down 2.67% over 24 hours and 14.98% over seven days, with a market capitalization of $233.33 billion. Solana stood at $75.90, down 5.95% over 24 hours and 15.61% over seven days, with a $44.91 billion market capitalization.
The wider crypto market capitalization was $2.34 trillion amid broadly negative conditions. 
Bitcoin fell 3.08% over 24 hours, while the Fear & Greed index registered 13, classified as Extreme Fear. The immediate significance of Baillie Gifford’s selection is institutional use of public blockchains for legal ownership records in a regulated fund; broader market conditions remained weak during the period covered by the live data.
Since this brief published about 27 hours ago, Ethereum (ETH) has moved from ₹1,79,932.16$1,908.85 to ₹1,71,426.90$1,818.62 — -4.73%, a notable move.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₹190,382.23 (about $1,818.62), down 3.6% over 24 hours. The rupee itself trades about 11.1% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 14, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Baillie Gifford Uses Blockchains for UK Fund Ownership Recor — questions & answers
Which fund uses Ethereum and Solana for ownership records?
The Baillie Gifford Enhanced Yield Fund, abbreviated BAGEY, uses the two networks as its official legal-ownership registry.
What does BAGEY invest in?
It focuses on a portfolio of short-duration corporate bonds.
How are Ethereum and Solana performing?
Ethereum fell 2.67% over 24 hours to $1,908.85, while Solana dropped 5.95% to $75.90.
How much is 1 Ethereum worth in rupee today?
About ₹190,382.23 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1,818.62. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is down 4.73% since this brief first published — trading at ₹1,71,427 ($1,818.62) now versus ₹1,79,932 ($1,908.85) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto Economy. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.