Aave Horizon to onboard fixed-income fund from Neuberger Berman and Securitize

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Stani Kulechov, founder and CEO of Aave, announced a governance proposal to bring the Neuberger Securitize High Income Tokenized Fund, known as HINC, onto Aave Horizon as supply-only collateral. Neuberger Berman, the asset manager behind the fund, oversees roughly $230 billion in assets under management. What HINC brings to the table HINC is a high-yield fixed-income strategy fund that invests primarily in high-yield corporate bonds, collateralized loan obligations (CLOs), and bank loans. The fund requires a minimum investment of $100,000, which signals this isn’t aimed at retail participants. It’s built for qualified, institutional users who want exposure to below-investment-grade credit products while tapping into onchain borrowing. If the Aave governance proposal passes, HINC holders would be able to borrow stablecoins including USDC, GHO, and RLUSD against their fund positions. That’s a meaningful expansion of what’s available as collateral on Aave Horizon, which until now has focused more on treasuries and investment-grade instruments. Securitize handles the tokenization and infrastructure for HINC. The firm has previously worked with VanEck on its VBILL tokenized treasury fun...

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