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Avalanche Brings Neuberger Berman Tokenized High-Yield Fund Onchain

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Avalanche Brings Neuberger Berman Tokenized High-Yield Fund Onchain - Abstract blockchain breaking news

Institutional fixed income goes onchain as the Neuberger Securitize High Income Tokenized Fund (HINC) launches on Avalanche, according to an Aug 18 announcement from avax.

The fund, issued by @Securitize and subadvised by neubergerberman, tokenizes a portfolio of high-yield bonds, collateralized loan obligations (CLOs), and leveraged loans. HINC represents the latest push by traditional asset managers into blockchain-based fund distribution, following similar tokenized treasury and credit products.

The launch comes just days after Avalanche reported 365.29 million in 30-day real-world asset (RWA) transfer volume on Aug 14, a 360% increase, driven largely by tokenized funds and private credit. Neuberger Berman, a global investment manager with over 400 billion in assets under management, joins a growing roster of institutions experimenting with tokenization on Avalanche.

@Securitize, a digital asset securities platform, has previously tokenized funds for BlackRock and other managers. The HINC fund gives qualified investors onchain access to an actively managed high-income strategy.

Avalanche’s architecture, with its fast finality and subnet capability, positions it as a favored layer for institutional tokenization. The addition of a fixed-income product expands the ecosystem beyond stablecoins and equities into credit markets.

Source
From @avax·17 hours ago·View source
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