Securitize and Neuberger Launch Tokenized High-Yield Fixed Income Fund

Securitize launched a tokenized fixed-income fund with Neuberger on Aug. 18, 2026, according to a company announcement reported by crypto_news_dot. The Neuberger Securitize High Income Tokenized Fund, ticker HINC, will invest mainly in high-yield bonds and may also hold collateralized loan obligations and leveraged loans. Tokenized interests will be issued across Avalanche, Ethereum, Solana, and Sui. Neuberger serves as subadvisor, drawing on a fixed-income business overseeing more than $230 billion in assets, while Securitize Capital LLC is investment adviser and Securitize Markets LLC offers interests to eligible investors. Participation is restricted to accredited investors or qualified purchasers who complete Securitize's onboarding, including know-your-customer and anti-money-laundering checks, and access depends on jurisdiction and applicable securities laws.

Background

The sources describe HINC as a conventional credit mandate wrapped in tokenized fund interests. High-yield bonds generally refer to corporate debt rated below investment grade, leveraged loans are commonly issued by companies with elevated debt levels, and collateralized loan obligations pool corporate loans and divide their cash flows among different investor groups. The announcement did not state how much of HINC would be allocated to bonds, CLOs, or leveraged loans. Neuberger manages approximately $613 billion across equities, fixed income, private markets, real estate, and hedge fund portfolios, based on company data as of June 30, with its fixed-income platform accounting for more than $230 billion of that total. For Neuberger, HINC is its first role as subadvisor to a tokenized fund; it will apply research and portfolio-management processes to the underlying fixed-income investments rather than manage blockchain infrastructure. Securitize's entities retain the other advisory, distribution, and administrative duties. The sources also note a comparable institutional product: in July, Centrifuge and New York Life Investment Management introduced a tokenized U.S. high-yield corporate bond strategy, and according to a report on NYLIM's fund, subscriptions and redemptions for the HYB product settle in USDC while NYLIM retains portfolio management and risk controls. Unlike that single-chain arrangement, Securitize chose four networks for HINC at launch. The sources do not specify the fund's size, fees, or expected yields.

What happened

Securitize said in an Aug. 18 announcement that the Neuberger Securitize High Income Tokenized Fund, trading under the ticker HINC, will seek risk-adjusted returns from a portfolio of income-producing fixed-income assets, according to crypto_news_dot. The mandate centers on high-yield bonds and also permits collateralized loan obligations and leveraged loans. Neuberger will manage the portfolio as subadvisor, drawing on a fixed-income business overseeing more than $230 billion in assets. Securitize Capital LLC serves as the investment adviser, Securitize Markets LLC will offer fund interests to eligible investors, and other Securitize affiliates will handle administration and operational services. HINC will issue tokenized interests on Avalanche, Ethereum, Solana, and Sui, giving eligible investors four networks through which to access the fund. Although the interests are represented on public blockchains, participation remains restricted: investors must qualify as accredited investors or qualified purchasers and complete Securitize's onboarding process, including know-your-customer and anti-money-laundering checks, and access will also depend on an investor's jurisdiction and applicable securities laws. As a result, the tokens will not be freely available to every wallet user in the same way as an unrestricted cryptocurrency. Carlos Domingo, co-founder and CEO of Securitize, said the fund places Neuberger's fixed-income capabilities on public blockchains through the company's regulated infrastructure, and that launching HINC across the four networks gives eligible investors access through four leading blockchain networks. Anil Abraham, Neuberger's head of product management, said the firm has developed its fixed-income operation through several market cycles using research-led and diversified strategies, and that it is pleased to work with Securitize to extend its process-driven, actively managed approach to qualified investors looking to access fixed income strategies on-chain. The announcement did not state how much of HINC would be allocated to bonds, CLOs, or leveraged loans.

Market impact

The sources provide no pricing, trading volumes, or flow figures for HINC, so the measurable scale here is the asset base behind the subadvisor rather than the fund itself. Neuberger manages approximately $613 billion across equities, fixed income, private markets, real estate, and hedge fund portfolios, based on company data as of June 30, and its fixed-income platform accounts for more than $230 billion of that total. Those are the only asset figures in the sources, and they describe Neuberger's overall business, not capital committed to HINC. The announcement did not state how much of HINC would be allocated to bonds, CLOs, or leveraged loans, and it did not disclose fund size, fees, or expected yields. The sources also offer no data on how much capital might move across Avalanche, Ethereum, Solana, or Sui as a result of the launch. The closest comparable datapoint is structural rather than quantitative: in July, Centrifuge and New York Life Investment Management introduced a tokenized U.S. high-yield corporate bond strategy, and according to a report on NYLIM's fund, subscriptions and redemptions for the HYB product settle in USDC while NYLIM retains portfolio management and risk controls. Unlike that single-chain arrangement, Securitize chose four networks for HINC at launch. The sources do not report AUM, inflows, or secondary-market activity for HYB either, so no direct comparison of scale between the two products is possible from the material provided.

Why it matters

The sources frame HINC as a step in bringing established fixed-income management onto public blockchains through regulated infrastructure. Carlos Domingo's statement positions the fund as placing Neuberger's fixed-income capabilities on public blockchains via Securitize's regulated infrastructure, and the four-network launch gives eligible investors access through Avalanche, Ethereum, Solana, and Sui. For Neuberger, HINC represents its first role as subadvisor to a tokenized fund, with the asset manager applying its research and portfolio-management process to the underlying fixed-income investments rather than managing blockchain infrastructure. The sources stress that tokenization changes how investors hold and transact in fund interests, but the announced investment mandate remains centered on conventional credit instruments. Participation stays restricted to accredited investors or qualified purchasers who complete onboarding, including know-your-customer and anti-money-laundering checks, and access depends on jurisdiction and applicable securities laws, so the tokens will not be freely available to every wallet user like an unrestricted cryptocurrency. The sources also place HINC alongside a comparable institutional product: Centrifuge and New York Life Investment Management's tokenized U.S. high-yield corporate bond strategy, whose subscriptions and redemptions settle in USDC while NYLIM retains portfolio management and risk controls. The sources do not state whether HINC subscriptions or redemptions settle in stablecoins or another mechanism.