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Aave Horizon may add Neuberger Berman's high-yield bond fund as collateral for borrowing stablecoins.

Protocol Fundamentals
19 Aug 2026
Crypto Briefing
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Bullish
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Aave Horizon is considering a governance proposal to onboard the Neuberger Securitize High Income Tokenized Fund (HINC), a high-yield fixed-income fund investing in below-investment-grade corporate bonds and loans, as supply-only collateral. This would be the first below-investment-grade credit asset on Aave's institutional lending platform, expanding collateral options beyond safer investment-grade assets. If approved, institutional users could borrow stablecoins like USDC, GHO, and RLUSD against HINC holdings. The fund operates across multiple blockchains, offering flexibility, while the supply-only status limits leverage risks for this higher-yield, higher-risk asset class.

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