Securitize has launched the Neuberger Securitize High Income Tokenized Fund, ticker HINC, bringing high-yield fixed-income assets onto blockchain rails across four networks. The fund went live on August 18, deploying simultaneously on Avalanche, Ethereum, Solana, and Sui. The launch marks the first time Neuberger Berman has served as subadvisor to a tokenized fund. The debut also deepens a multi-year push by traditional asset managers into on-chain funds, which began in earnest when Franklin Templeton started recording a U.S. registered fund's share ownership on a public blockchain in 2021.

Fund strategy and access

HINC's investment strategy focuses on high-yield bonds, collateralized loan obligations (CLOs), and leveraged loans — a credit-heavy mix that extends the tokenized-fund category beyond the money-market and Treasury products that have led it so far. Securitize is handling the full stack through its subsidiaries, which provide tokenization, fund administration, and distribution services.

The fund's structure includes 24/7 trading capabilities and potential daily dividend distributions. Access is limited to accredited investors and qualified purchasers — the eligibility thresholds attached to U.S. private funds — with full KYC and AML compliance built into the onboarding process.

The numbers behind the partnership

Neuberger Berman oversees more than $230 billion in fixed-income assets as of June 30, 2026, and the broader firm manages $613 billion in total fixed-income assets.

Securitize has crossed the $5 billion mark in tokenized assets under management as of July 2026. The platform previously worked with BlackRock on its BUIDL fund — a tokenized money-market fund launched in March 2024 that later expanded beyond Ethereum — and with BNY on a tokenized AAA CLO fund in October 2025.

HINC is deploying across four networks with meaningfully different user bases: Ethereum brings institutional liquidity, Solana offers speed and lower transaction costs, Avalanche has carved out a niche in institutional DeFi, and Sui was built by former Meta engineers. The multi-chain rollout mirrors a broader shift among tokenized funds away from single-network launches, and it sets the sector's next marker: whether higher-yielding credit strategies draw the same institutional demand as cash-like tokenized products, and whether daily dividend distributions and around-the-clock settlement become standard features as more traditional asset managers weigh tokenized distribution.