Securitize launched a tokenized high-yield bond fund with Neuberger Berman, the $230 billion asset manager's first role as subadvisor to a tokenized fund. The fund will be available to eligible investors across four blockchains as Securitize pushes to bring traditional fixed-income strategies onchain.
Securitize announced Tuesday the launch of the Neuberger Securitize High Income Tokenized Fund. It marks the first engagement by Neuberger Berman, a global investment manager with $230 billion in assets under management, as subadvisor to a tokenized fund.
Fund targets high-yield bonds across four chains
The fund, HINC, seeks to generate attractive risk-adjusted returns by investing primarily in high-yield bonds and other income-producing fixed-income investments. As subadvisor, Neuberger brings its fixed income expertise in portfolio management and research to the strategy. The fund will be available to eligible investors across Avalanche, Ethereum, Solana and Sui, extending Securitize's tokenization push to traditional fixed-income strategies.
Domingo, Securitize's CEO, said: "This tokenized fund brings Neuberger's established fixed income capabilities to public blockchains." Anil Abraham, Neuberger's Head of Product Management, said the firm is extending its actively managed approach to qualified investors seeking onchain fixed-income access.
Securitize deepens its institutional push
Securitize Capital LLC serves as HINC's investment adviser, and the fund will be available to eligible accredited investors and qualified purchasers, subject to onboarding, KYC/AML checks, jurisdictional eligibility and applicable securities-law requirements. Last month, Securitize gained status as a registered investment advisor with the U.S. Securities and Exchange Commission, a status that lets the Securitize Capital LLC subsidiary work more closely with asset managers and institutional investors on tokenized strategies.
Stock debut and record revenue
The company's stock went public on July 2, becoming the first firm to debut its stock simultaneously on the New York Stock Exchange and onchain. The firm posted record revenue of $19.5 million in the first quarter, up nearly 40% year over year, along with $3.4 billion in tokenized assets under management.
Source: The Block
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