Neuberger launches multi-chain tokenized fixed-income fund with Securitize

Neuberger, an asset manager with about $613 billion under management, has launched its first tokenized fixed-income fund through Securitize. The Neuberger Securitize High Income Tokenized Fund, or HINC, will run an actively managed high-yield strategy across Ethereum, Solana, Avalanche and Sui, and is available to qualified investors. According to Tuesday’s announcement, the fund will invest mainly in high-yield bonds, with additional exposure to collateralized loan obligations and leveraged loans. Neuberger is acting as subadvisor to a tokenized fund for the first time, while Securitize is handling the infrastructure for issuing and managing tokenized shares on the four blockchain networks. The launch comes as investors seek higher yields during a period of intense competition for corporate and government funding. Cointelegraph also cited RWA.xyz data showing Securitize has about $4.96 billion in distributed asset value across 26 tokenized real-world assets, including BlackRock’s $2.7 billion BUIDL fund, a $355 million tokenized AAA CLO fund and a $95 million Apollo diversified credit fund.