Securitize has introduced the Neuberger Securitize High Income Tokenized Fund, or HINC, giving eligible investors on-chain exposure to an actively managed high-yield fixed-income strategy. The product marks the first time Neuberger has served as subadvisor to a tokenized fund.

HINC invests primarily in high-yield bonds and may also allocate to collateralized loan obligations and leveraged loans. Neuberger’s fixed-income platform, which oversees more than $230 billion in assets, will handle portfolio management and research. The broader firm manages approximately $613 billion overall.

Multi-Chain Access for Eligible Investors

The fund is available on Avalanche, Ethereum, Solana and Sui. Securitize supplies the regulated tokenization infrastructure, allowing investors to hold interests on any of the four networks. Securitize Capital LLC acts as investment adviser, while Securitize Markets LLC offers the interests to eligible participants. Other Securitize affiliates handle fund administration and blockchain operations.

Access remains restricted to accredited investors and qualified purchasers. Participants must complete identity verification and anti-money-laundering checks. Jurisdictional rules and securities laws further determine eligibility.

Neuberger’s First Tokenized Mandate

Neuberger Head of Product Management Anil Abraham said the firm is pleased to extend its process-driven, actively managed approach to qualified investors seeking fixed-income strategies on public blockchains. The arrangement allows Neuberger to apply its credit expertise—sourcing, underwriting and selecting investments across primary and secondary markets—while Securitize manages the on-chain issuance and transfer of fund interests.

Investors receive tokenized shares rather than direct ownership of individual bonds or loans. The fund seeks attractive risk-adjusted returns without the use of leverage at the fund level. Minimum initial investment is set at $100,000, with subsequent subscriptions possible at lower amounts. Subscriptions can be made in U.S. dollars or certain stablecoins, and redemptions are targeted for settlement on a T+1 basis.

Broader Tokenization Context

Securitize currently reports roughly $4.96 billion in distributed asset value across more than two dozen tokenized real-world assets. Its existing lineup includes BlackRock’s BUIDL fund, a large tokenized AAA CLO product and an Apollo diversified credit fund. The addition of HINC expands the range of actively managed credit strategies available in tokenized form beyond the Treasury and money-market products that have dominated early institutional activity.

Shares of Securitize rose approximately 5 percent in morning trading following the announcement, placing the company’s market capitalization near $838 million. The stock remains substantially below levels reached shortly after its public listing earlier in the year.

The launch places another established asset manager’s fixed-income capabilities onto public blockchain networks and adds a higher-yielding credit strategy to the growing menu of regulated on-chain investment products.