Securitize’s HINC Tokenized Credit Fund Now Accepted as Collateral on Solana’s Loopscale
Securitize’s tokenized high-yield credit fund, HINC, is now accepted as collateral on Solana’s lending protocol Loopscale. This allows eligible investors to borrow the USDG stablecoin—a digital dollar pegged to the U.S. dollar—against their HINC holdings without selling their shares.
HINC, managed by Neuberger Berman, holds mostly high-yield corporate bonds, with some exposure to collateralized loan obligations (CLOs), bank loans, and other high-yield fixed-income assets. Its value changes daily based on credit market conditions.
How it works on Loopscale
Loopscale, a Solana-based lending platform, lets users borrow against their assets at fixed rates and terms. Liquidations are partial, meaning only enough of the collateral is sold to restore the loan’s health. HINC is the third Securitize product available as collateral on Loopscale, following Apollo’s ACRED credit fund and Securitize’s own tokenized stock, SECZ.
RedStone provides HINC’s daily net asset value (NAV) to Loopscale using its oracle system, ensuring the collateral’s price is accurate and unaltered. USDG, the stablecoin used for borrowing, is issued by Paxos and regulated in Singapore, with $610.7 million currently on Solana.
Key details about HINC
- Launched on August 18, 2026, on Avalanche, Ethereum, Solana, and Sui.
- Minimum investment: $100,000, open only to accredited investors and qualified purchasers.
- Annual expense ratio: 0.60%.
- Neuberger Berman, the sub-adviser, managed $613 billion as of June 30, 2026.
- Historical stress test: In March 2020, a similar strategy lost 18.25% in its worst month.
Why this matters for DeFi
Most collateral in decentralized finance (DeFi) lending has been limited to low-risk assets like government bonds or investment-grade debt. HINC introduces higher-risk, higher-yield corporate credit into the mix, expanding the types of assets that can back loans onchain.
Loopscale currently holds $91.3 million in total value locked, with $55.9 million in active loans. While smaller than competitors like Kamino Lend and Jupiter Lend on Solana, it is growing, with a 7.1% increase in total value locked over the past 30 days.
What’s still pending
A proposal to add HINC as collateral on Aave Horizon, another lending protocol, is still under review. Questions remain about liquidation backstops, oracle consistency, and compensation for stablecoin suppliers if a position is legally frozen but continues accruing debt.
