Ethereum (ETH)

Recently, @BGDA_UK, one of the UK's largest asset managers, launched the Baillie Gifford Enhanced Yield Fund ($BAGEY) on @ethereum. As a UK-regulated, natively tokenised fund, the blockchain serves as its legal register of record, setting a structural precedent for public blockchain settlement in the UK. The onchain structure removes offchain transfer agents and manual database reconciliation. → This is not a wrapper over a traditional fund; native onchain issuance means the token is the fund interest itself, with direct ownership of the underlying short-duration government and corporate bonds recorded on Ethereum. → Operating directly on a public L1 removes the intermediary layers characteristic of traditional wrapper structures → Ethereum’s public base layer provides transparency, auditability, and reduced transaction costs for regulated financial instruments Financial institutions like Baillie Gifford building on the Ethereum network as foundational infrastructure demonstrates regulatory acceptance of p

Recently, @BGDA_UK, one of the UK's largest asset managers, launched the Baillie Gifford Enhanced Yield Fund ($BAGEY) on @ethereum. As a UK-regulated, natively tokenised fund, the blockchain serves as its legal register of record, setting a structural precedent for public blockchain settlement in the UK. The onchain structure removes offchain transfer agents and manual database reconciliation. → This is not a wrapper over a traditional fund; native onchain issuance means the token is the fund interest itself, with direct ownership of the underlying short-duration government and corporate bonds recorded on Ethereum. → Operating directly on a public L1 removes the intermediary layers characteristic of traditional wrapper structures → Ethereum’s public base layer provides transparency, auditability, and reduced transaction costs for regulated financial instruments Financial institutions like Baillie Gifford building on the Ethereum network as foundational infrastructure demonstrates regulatory acceptance of p

yesterday, vitalik shared one of the biggest updates on ethereum’s future. a lot of people saw the chart and got confused, so here’s the tldr: - two weeks ago, ethereum researchers met in berlin after earlier talks with client teams in svalbard. - the big idea from those talks is "lean ethereum". - not one upgrade. more like a 3 to 4 year rebuild of ethereum’s core parts. - the merge changed ethereum from proof of work to proof of stake. - lean ethereum looks like the next major chapter after that. - it touches consensus, execution, blobs, privacy, proofs, gas, state, and client architecture. - ethereum wants faster finality, so l1 transactions can settle quicker. - it wants more blobs, so l2s get more space and cheaper fees. - it wants recursive starks to handle more verification, instead of making everyone recheck everything the hard way. - privacy also gets more attention inside the protocol, especially around mempools, frames, and shielded transfers. - quantum safety has moved up the priority

End of April we wrote a post about ethereum:0x232ce3bd40fcd6f80f3d55a522d03f35df784ee2 When we posted the price was sub $1 It's good to see the thesis played out, even though we're in tough market conditions At Epoch, we anticipate the narrative

$ETH is so ready for $2000