Securitize has launched a tokenized high-income fund with Neuberger serving as subadvisor, extending onchain investment products from Treasury-like instruments and equities into actively managed high-yield credit.
The August 18 launch announcement names the product the Neuberger Securitize High Income Tokenized Fund, or HINC. Interests are being made available across Avalanche, Ethereum, Solana, and Sui through Securitize’s platform.
HINC Targets High-Yield Credit Rather Than Crypto Returns
The fund seeks risk-adjusted returns primarily through high-yield bonds, alongside other income-producing fixed-income assets such as collateralized loan obligations and leveraged loans. Neuberger is responsible for subadvisory portfolio-management and research work.
Neuberger’s broader fixed-income platform oversees more than $230 billion, according to the release. Securitize Capital serves as investment adviser, while Securitize Markets offers fund interests and other affiliates handle tokenization, administration, and operational services.
The strategy’s returns therefore depend mainly on credit selection, interest rates, liquidity, and defaults—not on whether the underlying blockchain tokens rise in price. The blockchains provide issuance and transfer infrastructure for fund interests.
Access Is Limited to Eligible Investors
HINC is not a public retail crypto token. Securitize said access is limited to eligible accredited investors and qualified purchasers, subject to onboarding, know-your-customer and anti-money-laundering checks, jurisdiction rules, and applicable securities laws.
The product also carries the risks of the assets it holds. High-yield bonds, leveraged loans, and collateralized loan obligations can face elevated credit and liquidity risk compared with investment-grade debt. Tokenization adds custody, smart-contract, network, cybersecurity, and regulatory risks.
That risk profile is important when comparing HINC with the broader growth of tokenized bonds and onchain yield products. A blockchain record can improve transfer and administration, but it does not remove losses caused by weak borrowers or changing rates.
Four Networks Expand Distribution Options
Launching on Avalanche, Ethereum, Solana, and Sui gives eligible investors several settlement environments while keeping the fund under one regulated operating structure. The release does not claim that the networks make the portfolio itself more liquid or eliminate restrictions on transfers.
The launch follows wider growth in tokenized securities, including the expansion covered in Ondo’s $1 billion tokenized-equities milestone. HINC adds actively managed fixed income to that trend and marks Neuberger’s first role as subadvisor to a tokenized fund.
For investors, the key distinction is between the wrapper and the strategy. HINC uses public blockchains for tokenization, but its economic performance will still be driven by credit markets, portfolio decisions, expenses, and the legal terms in its private offering documents.
