Neuberger Berman Joins Securitize to Launch Tokenized Bond Fund
A $613B asset manager is going multi-chain with a tokenized high-yield fund spanning Ethereum, Solana, Avalanche, and Sui.
If you thought tokenized real-world assets were still a niche crypto experiment, Neuberger Berman just sent a pretty loud signal otherwise. The $613 billion asset management giant is teaming up with Securitize — one of the leading platforms for bringing traditional financial assets onto blockchains — to launch a tokenized high-yield fixed-income fund. In plain English: they're putting a bond fund on the blockchain, and not just one blockchain.
What makes this move stand out is the multi-chain approach. Instead of picking a single blockchain and calling it a day, the fund will live across four networks simultaneously — Ethereum, Solana, Avalanche, and Sui. That's a notable vote of confidence in a broader crypto ecosystem at a time when many institutional players still treat anything outside of Ethereum with skepticism. Each of these chains brings different strengths around speed, cost, and user base, so spreading across all four could help the fund reach a wider pool of on-chain investors.
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Neuberger Berman's role here is as subadvisor, meaning Securitize is technically running the fund structure while Neuberger brings its fixed-income expertise to actually manage the underlying portfolio. High-yield bonds — sometimes called junk bonds — carry more credit risk than investment-grade debt but offer higher returns, which could make this an attractive product for yield-hungry crypto-native investors looking to diversify into traditional assets without leaving the on-chain world.
This deal reflects a broader trend of Wall Street firms dipping deeper into tokenization. By wrapping conventional financial instruments in blockchain-native packaging, asset managers can potentially unlock 24/7 trading, faster settlement, and access to a global investor base that traditional fund structures simply can't reach. Whether retail crypto users will actually embrace a tokenized high-yield bond fund remains to be seen, but the infrastructure is clearly being built for them.
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