Neuberger Berman Unveils Tokenized Fund HINC in Blockchain Push

Neuberger Berman has partnered with Securitize to launch the first-ever tokenized fund from the asset-managing company, known as the Neuberger Securitize High Income Tokenized Fund, or HINC.

The fund is a new type of fixed-income investment available through digital securities and will be offered on multiple platforms, including Avalanche, Ethereum, Solana, and Sui Network.

This move marks a significant step towards decentralization for Neuberger Berman, which has over $400B in assets under management. The fund will enable investors to access high-income strategies through the blockchain, with Securitize responsible for issuance, transfers, and compliance.