RedStone will provide daily net asset value data for HINC, Neuberger Berman’s tokenized high-yield credit fund, across Ethereum, Avalanche, Solana, and Sui. The data will be delivered using the Trusted Single Source Oracle standard developed with Securitize, with each data point cryptographically signed and timestamped. HINC invests in high-yield corporate bonds, CLO debt tranches, and bank loans, making NAV calculation complex due to fluctuating asset values. RedStone has prior experience with tokenized funds including BlackRock’s BUIDL, which grew to over $1.8 billion in tokenized supply.
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