#HINC

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

Aave founder Stani Kulechov has introduced a governance proposal to integrate the Neuberger Securitize High Income Tokenized Fund (HINC) into the Aave Horizon institutional lending platform. This initiative marks a significant shift for Aave Horizon, as HINC would become the first below-investment-grade credit asset accepted as supply-only collateral on the protocol. Managed by Neuberger Berman, which oversees approximately $230 billion in assets, the fund focuses on high-yield corporate bonds, CLOs, and bank loans. The integration allows qualified institutional investors to borrow stablecoins like USDC, GHO, and RLUSD against their HINC positions. Securitize provides the underlying tokenization infrastructure for the fund, which is designed to operate across multiple blockchains including Ethereum, Avalanche, Solana, and Sui. By moving beyond conservative treasury-based assets, this proposal expands the risk-return profile available to onchain institutional participants. The supply-only designation serves as a critical risk management guardrail, preventing the asset from being borrowed by other users and limiting rehypothecation risks.

cryptobriefing.com·3h ago