Neuberger launches tokenised fixed-income fund

• Neuberger launched its first tokenised fixed-income fund with Securitize.
• The fund mainly invests in high-yield bonds, with smaller exposure to other credit assets.
• The fund’s tokenised shares can trade across four blockchain networks.

Neuberger launched its first tokenised fixed-income fund with Securitize for qualified investors.

The fund mainly invests in high-yield bonds, with some exposure to loans and CLOs.

The fund is available through tokenised shares issued using Securitize’s blockchain infrastructure.

Those shares can operate across Ethereum (CRYPTO:ETH), Solana (CRYPTO:SOL), Avalanche (CRYPTO:AVAX) and Sui (CRYPTO:SUI).

Neuberger will serve as the fund’s subadvisor, marking its first such role for a tokenised fund.

Neuberger’s fixed-income business manages more than $230 billion in assets.

The wider firm manages about $613 billion, while Securitize supports tokenised real-world assets across several blockchain networks.

At the time of reporting, Ethereum price was $1,913.57.