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Neuberger launches tokenized high-income bond fund on four blockchains
The Neuberger Securitize High Income Tokenized Fund targets high-yield bonds and will be available to qualified investors across Ethereum, Solana, Avalanche, and Sui.
Neuberger has launched its first tokenized fixed-income product via Securitize, creating an actively managed high-yield fund tokenized across Ethereum, Solana, Avalanche, and Sui, according to Cointelegraph.
The Neuberger Securitize High Income Tokenized Fund (HINC) will invest primarily in high-yield bonds, with additional exposure to collateralized loan obligations and leveraged loans, the outlet said.
Cointelegraph noted the fund is aimed at qualified investors and that Securitize will provide the infrastructure to issue and manage tokenized shares on the four blockchain networks.
Neuberger will act as subadvisor for a tokenized fund for the first time, and the firm’s fixed-income platform manages more than $230 billion in assets, while Neuberger as a whole manages about $613 billion. Cointelegraph also said Securitize has about $4.96 billion in distributed asset value across 26 tokenized real-world assets, citing RWA.xyz data.
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