Head of Tokenised Product, International @Broadridge. RTs/Tweets≠endorse. Views own, not financial advice.
London, England
Joined January 2012
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Theo Golden, CFA retweeted
DAS LONDON KEYNOTE
One Market, Not Two: Building The “On Switch” For Tokenization at Scale
by @TFGolden & Seha Islam of @Broadridge
Wednesday Nov 11 in London.
Be there: blockworks.com/event/digital…
Theo Golden, CFA retweeted
First speakers for Ethereum Institutional Forum London.
Justin Drake (@drakefjustin), @ethereum researcher since 2017 and lead architect of Lean Ethereum, on post-quantum Ethereum: the plan, and what it means for institutions preparing for a post-quantum world.
Ansgar Dietrichs (@adietrichs), Executive Director of @ethlabs_org, and former Protocol Lead at @ethereumfndn, on the Ethereum L1 roadmap to 2029 and what it means for institutions building on it.
Theo Golden (@TFGolden), Head of Tokenized Product, International at Broadridge, who launched BAGEY at Baillie Gifford, the UK's first fully native tokenised fund on Ethereum, on what it takes to bring a traditional fund onchain.
Geoffrey Kendrick, Global Head of Digital Assets Research at @StanChart, with 20+ years in global markets research, on how institutional capital is moving into digital assets and where Ethereum fits.
More to come.
Theo Golden, CFA retweeted
Kaiko's Series B extends to $110 million, led by @SPGlobal alongside @Nasdaq, @BNPParibas, @cbventures, @RBC, @DRWTrading, Susquehanna, @Broadridge, @CantonNetork, @StellarOrg, and our existing shareholders: @anthemis, @PointNineCap, and @Revaia_Cap.
This round represents a significant investment in data and data infrastructure from the institutions that lead capital markets and digital assets today.
Read the full announcement 🔗 kaiko.com/news/sp-global-lea…
Theo Golden, CFA retweeted
I loved this discussion on getting us closer to the promise of tokenization: the fund interest itself exists natively on-chain, and the blockchain serves as the authoritative record of ownership.
In contrast, a lot of what we see today is still essentially a wrapper: the legally meaningful asset, ownership record, custody arrangement, and administration all live off-chain, and a token is placed on top of that structure as a representation of something maintained elsewhere.
There is value in that model, given where we are. But in Fairness By Design II, I wrote about what I think is the more interesting end state: for the blockchain to be the native infrastructure itself. Where a vault as the fund, for example, mean ownership, transfer, custody, redemption, and eventually more of the rules governing the asset are all established and enforced on-chain.
A fund that lives entirely on-chain removes the need to keep converting between on-chain and offchain systems.
@TuongvyLe12 , General Counsel, @veda_labs on the latest episode of Tokenized with @sytaylor and @cuysheffield said:
"Bailee Gifford launched a native fund, like a fund that is native to the blockchain. And that actually solves so many operational and administrative inefficiencies that exist now because you have to convert constantly between different forms and on chain versus off chain."
Every conversion between forms today means reconciliation, settlement lag and extra operational risk that a native structure simply removes.
🎙 Listen to the latest episode on Tokenizedpod(dot)com
Theo Golden, CFA retweeted
fully native /ˈfʊli ˈneɪtɪv/ adjective
Of a fund: issued directly onchain, where the blockchain is the legal register of ownership. The token is the holding itself, not a claim on a vehicle that holds it. No wrapper, no SPV, no offchain register to reconcile against.
"The books and records are held natively onchain."
See also: own it, natively
Investment firm @BaillieGifford recently launched the Baillie Gifford Enhanced Yield Fund aka BAGEY: an onchain, regulated tokenized bond fund natively on Ethereum and Solana.
"That is where we are headed."
@TuongvyLe12 on @TokenizedPod:
Theo Golden, CFA retweeted
Traditional finance and onchain finance aren't colliding. They're collaborating.
Our Head of Digital Assets, @TFGolden, on why the age of proof-of-concept is over, and why it's time to build.
↓
Theo Golden, CFA retweeted
Less friction. Utility for assets that used to sit inert.
@TFGolden, our Head of Digital Assets, on what tokenisation actually changes: shared infrastructure that delivers better outcomes for clients, and better access in the places they want it.
Full conversation in our latest podcast ↓
linktr.ee/BaillieGifford
Theo Golden, CFA retweeted
🚨 Ep. 89 of @TokenizedPod: Capital Markets Are Going Onchain
@cuysheffield is joined by:
👉 @nlevine19, Partner, @a16z
👉 @wesarn_real, Co-Founder & Head of Network Strategy, @digitalasset
👉 @TFGolden, Head of Digital Assets, @BaillieGifford
To discuss:
📈 Growth of tokenized stocks through crypto exchange models
🌐 Onshore versus offshore tokenized asset market bifurcation
🛠️ Increased utility of equities via securities lending
🤝 Democratizing prime brokerage services for retail users
🤖 Separating ownership from control in robo-advisory
🚀 Baillie Gifford launches UK native tokenized fund on Solana and Ethereum
🎯 Target customers for tokenized real world assets
💥 Intersection of tokenized assets and payment systems
🏦 Bank of England stablecoin holding limits and issuance guardrails
***
Timestamps:
00:00 Introduction
4:26 Growth of tokenized stocks through crypto exchange models
5:33 Onshore versus offshore tokenized asset market bifurcation
7:25 Increased utility of equities via securities lending
12:35 Democratizing prime brokerage services for retail users
16:07 Separating ownership from control in robo-advisory
19:37 Baillie Gifford launches UK native tokenized fund on Solana and Ethereum
24:19 Target customers for tokenized real world assets
31:50 Intersection of tokenized assets and payment systems
34:31 Bank of England stablecoin holding limits and issuance guardrails
***
👉𝘚𝘦𝘢𝘳𝘤𝘩 '𝘛𝘰𝘬𝘦𝘯𝘪𝘻𝘦𝘥 𝘗𝘰𝘥𝘤𝘢𝘴𝘵' 𝘖𝘯 𝘠𝘰𝘶𝘛𝘶𝘣𝘦. 𝘈𝘱𝘱𝘭𝘦, 𝘚𝘱𝘰𝘵𝘪𝘧𝘺 𝘰𝘳 𝘢𝘯𝘺 𝘗𝘰𝘥𝘤𝘢𝘴𝘵 𝘗𝘭𝘢𝘺𝘦𝘳! 👈
Theo Golden, CFA retweeted
Our guest for Monday's Tokenized Podcast
@cuysheffield is joined by:
👉 @nlevine19, Partner, @a16zcrypto
👉 @wesarn_real, Co-Founder & Head of Network Strategy, @digitalasset
👉 @TFGolden, Head of Digital Assets, @BaillieGifford
Out on Monday at 8am PT / 11am ET / 4pm GMT
Find it on 𝗔𝗽𝗽𝗹𝗲 𝗣𝗼𝗱𝗰𝗮𝘀𝘁𝘀, 𝗦𝗽𝗼𝘁𝗶𝗳𝘆 or 𝗬𝗼𝘂𝗧𝘂𝗯𝗲 by searching "Tokenized Podcast" 📷 💙
Theo Golden, CFA retweeted
Onchain shouldn’t mean cutting corners.
@TFGolden, Head of Digital Assets, on why native issuance is the unlock for how the next wave of capital will come onchain. It’s time to remove the caveat that has plagued adoption for a decade.
The case for native, in full. ↓
Theo Golden, CFA retweeted
Excited to see this come to life
Brilliant work @TFGolden @BGDA_UK
Look forward to hosting Bailie Gifford at House of Sol on July 1st
luma.com/Solana-at-Scale
Theo Golden, CFA retweeted
What a turnout at our sold out Tokenization event in @dogpatchlabs. A mixed room with TradFi and DeFi natives.
Speakers include: @CtrlAltCo, @PwC, @BaillieGifford, @BNYglobal and Interwoven.
The panel spoke about second mover advantage, and how we can learn best from other countries mistakes.
Theo Golden, CFA retweeted
💯
It’s really fun here in the tokenization space, at the intersection of TradFi and DeFi
@itsbhaji @TFGolden @QuaintM @Philfog
Theo Golden, CFA retweeted
Here’s the Scottish Mortgage #SMT statement on its 19.3% £2.98bn ($3.94bn) position in SpaceX. Even at $1.25trn the @bailliegifford flagship has made a 19.7 times return since investing £151m ($200m) in August 2021. scottishmortgage.com/en/uk/i…
Theo Golden, CFA retweeted
The Senate Banking Committee released the latest draft of the CLARITY Act last night. The draft has significantly improved since January and reflects years of bipartisan negotiations.
It’s time to get this passed.
This bill safeguards consumers, includes important developer protections, and gives crypto entrepreneurs the regulatory clarity they need to build here in the U.S.
We’re thankful for the hard work of the Senate Banking Committee and their staff.
We urge Senators on both sides to move quickly to advance it out of Committee, to the Senate floor, and ultimately be signed into law by the President.
Chairman @SenatorTimScott, @SenLummis, and @SenThomTillis released market structure text ahead of this week’s markup.
The Senate’s CLARITY Act delivers clear rules of the road, protects investors, combats illicit finance, and keeps innovation in America.
banking.senate.gov/newsroom/…
Theo Golden, CFA retweeted
Panel 3: Designing Onchain Utility for RWAs: Infrastructure, Vaults, and Curation
Tokenizing an asset is only the first step. Making it useful on-chain is where the real infrastructure work begins.
ft @Corkprotocol, @centrifuge, @3FLabs, @BaillieGifford
ALT Panel discussion on on-chain utility for real-world assets features four speakers, including leaders from Cork Protocol and Centrifuge.
Theo Golden, CFA retweeted
I loved the article, "AI Isn't Coming for Your Job. It's Coming for Your Mind" by Tom Slater at Baillie Gifford. h/t Ian McKinnon, chairman of the board of trustees @sfiscience. Points about mastery and cognitive diversity are particularly relevant. Worth discussing in professional and educational contexts. bailliegifford.com/en/uk/ind…
Theo Golden, CFA retweeted
London is Europe's most dominant tech hub and it's not even close.
And the gap is widening as London becomes an AI hub
Great chart from @yoramdw and the @dealroomco team cc @sabben
Theo Golden, CFA retweeted
DAS NYC 2026 Playback
Tokenized Equities & the T+0 Revolution
with @ryanconnor, @rleshner, Matthew Savarese, @TFGolden and @shyamnagarajan