On-Chain Fund Native Issuance
Blockchain-based fund structures with on-chain issuance and direct ownership models represent a fundamental improvement over traditional tokenized finance that merely layers digital infrastructure on legacy systems
Too little corroboration in the last 3 days to call a trend (2 articles). Watching for it to gain traction.
"The platform decisions institutions are making in the next 12-24 months will set the topology of onchain finance for decades. Coordinated, credible representation now unifies the conversation, and supports expanding Ethereum's robust network."
"The Baillie Gifford Enhanced Yield Fund is not a token placed on top of a fund. It is a fund issued onchain, with the blockchain serving as the register of record. Investors hold the fund directly: direct ownership, direct recourse"