Securitize's HINC Live as Collateral on Loopscale Lending Protocol

Securitize's High Income Tokenized Fund (HINC) is now live as collateral on Loopscale, allowing eligible investors to borrow USDG against their shares without redeeming the position. The fund holds high-yield corporate bonds and CLO tranches, with a value that moves daily with credit spreads.

Neuberger Berman Investment Advisers sub-advises the fund, which launched on August 18th on Avalanche, Ethereum, Solana, and Sui. The minimum subscription is $100,000, and shares are only available to accredited investors and qualified purchasers who clear Securitize's onboarding.

Loopscale, a lending protocol on Solana, has seen significant growth with $91.3 million in total value locked and $55.9 million in active loans, up 7.1% over the past 30 days. The addition of HINC as collateral marks an expansion into institutional credit.

RedStone prices HINC daily using its Trusted Single Source Oracle standard, which takes the administrator's net asset value (NAV) and publishes it onchain in signed, timestamped form for protocols to verify.