Securitize token fund HINC becomes collateral for Loopscale

According to The Defiant, the tokenized credit fund HINC launched by Securitize in collaboration with Neuberger is now live on the Solana lending protocol Loopscale as collateral, allowing qualified investors to borrow USDG stablecoins without redeeming their holdings. HINC was launched on August 18 on Avalanche, Ethereum, Solana, and Sui, primarily holding assets such as high-yield corporate bonds, CLO tranches, and bank loans, with a minimum subscription of $100,000 and a fee rate of 0.6%, available only to qualified investors and qualified purchasers.

Mary Gooneratne, co-founder of Loopscale, stated that HINC brings a fundamentally different type of collateral to the Solana credit market, supporting actively managed high-yield strategies that indicate on-chain lending can surpass crypto-native assets and short-duration instruments. RedStone uses its Trusted Single Source Oracle standard to price HINC, publishing the manager's daily NAV in a signed, timestamped, on-chain format for protocol verification and triggering liquidation events. Loopscale currently has a TVL of approximately $91.3 million and active loans of $55.9 million, ranking 27th on DefiLlama.

HINC is the third Securitize product to go live on the protocol, following Apollo's tokenized credit fund ACRED and Securitize's own publicly listed stock SECZ on the NYSE as collateral.