Neuberger Securitize High Income Tokenized Fund (HINC)
Avalanche: can freeze a holder, pause transfers, claw back, gate who may hold, mint, change the code. A single key can freeze a holder.
Solana: can freeze a holder, claw back, gate who may hold, mint, change the code. An account only a program can sign for can freeze a holder and claw back tokens. A single key can change the code with no delay.
This file replaced an earlier record on 2026-09-24. Superseded to record the Avalanche contract’s freeze, allowlist, and clawback powers, marked unverified when the explorer did not answer. The verified source now read shows all three, as on the other chains. Superseded records.
Research and shelf status are on the memo: Neuberger Securitize High Income Tokenized Fund (HINC) Adverse research finding
Who may buy, hold, transfer, and redeem
Each answer rests on the issuer’s own words, quoted from the document named under it. Ketju re-reads each document and records whether the words are still there. Where the documents say nothing, the row says so.
- What the holder owns
A share of a BVI fund that holds high yield bonds and CLOs chosen by Neuberger Berman.
“This Fund provides tokenized exposure to a diversified portfolio of U.S. high yield bonds and CLOs, with Neuberger Berman fully responsible for sourcing, underwriting, and selecting all portfolio investments.”
Securitize, HINC page content (Builder.io content API behind securitize.io/hinc) · Overview · words found 2026-09-23
- Who may hold it
Accredited investors and qualified purchasers per the page; the Form D’s 3(c)(7) claim means qualified purchasers.
“Investor Qualification: AI and QP”
Securitize, HINC page content (Builder.io content API behind securitize.io/hinc) · Fund Details, Subscription · words found 2026-09-23
- First purchase minimum
$100,000.
“$100,000”
Securitize, HINC page content (Builder.io content API behind securitize.io/hinc) · Minimum investment tile · words found 2026-09-23
- Account types
Not US individuals, trusts, or estates; US entities and non-US investors.
“Not available to US individuals, trusts, and estates at this time.”
Securitize, HINC page content (Builder.io content API behind securitize.io/hinc) · Footnote (5) · words found 2026-09-23
- Who it may be transferred to
Only to other whitelisted holders, one day after issuance.
“Tokens can be transferred to other whitelisted holders one day after issuance.”
Securitize, HINC page content (Builder.io content API behind securitize.io/hinc) · Footnote (6) · words found 2026-09-23
- How a holder redeems
Any business day before the 2:00 p.m. ET cutoff, targeting T+1 with no promise.
“Redemption requests may be made on any Business Day, subject to the same 2:00 p.m. ET Cut-Off.”
Securitize, HINC page content (Builder.io content API behind securitize.io/hinc) · Footnote 8 · words found 2026-09-23
- Who keeps the official record
The documents read do not name the record keeper; Securitize is the transfer agent for its other DS-protocol funds.
Not stated in Securitize, HINC page content (Builder.io content API behind securitize.io/hinc), SEC EDGAR: Neuberger Securitize High Income Tokenized Fund Ltd, Form D filed August 18, 2026, HINC Solana mint metadata (points at metadata.securitize.io).
- What the issuer says it can freeze or take back
The documents read do not say.
Not stated in Securitize, HINC page content (Builder.io content API behind securitize.io/hinc), SEC EDGAR: Neuberger Securitize High Income Tokenized Fund Ltd, Form D filed August 18, 2026.
| Fact | What the file records |
|---|---|
| Who onboards the holder | broker dealer |
| Voting rights | None |
| Distributions | reinvested |
| SIPC coverage of the wallet | No |
What the issuer filed with the SEC
A private offering files Form D with the SEC within 15 days of its first sale and amends it each year while it sells. The issuer signs it. It states the exemption relied on, the fund’s exclusion from the Investment Company Act (which decides who may buy), the smallest investment accepted, the amount sold, and how many investors hold.
| Filed | Form | Exemption claimed | Minimum | Sold to date | Investors |
|---|---|---|---|---|---|
| 2026-08-18 | D | Rule 506(c); Investment Company Act section 3(c)(7) | $100,000 | $5,100,000 | 2 |
Filed by Neuberger Securitize High Income Tokenized Fund LTD (SEC CIK 2149525). Sold to date counts every sale since the first, not the fund’s size today. Ketju reads EDGAR daily; a new filing reopens this file.
Who can change the record
Powers read from the deployed contracts and their verified source: the token and every contract it consults on transfer. A power recorded here is the issuer’s ability, not evidence it has been used.
| Chain | Freeze a holder | Pause | Claw back | Gate holders | Change the code | Keys held by |
|---|---|---|---|---|---|---|
| Ethereum | Yes | Yes | Yes | Yes | Yes | A single key can freeze a holder. |
| Avalanche | Yes | Yes | Yes | Yes | Yes | A single key can freeze a holder. |
| Solana | Yes | No | Yes | Yes | Yes | An account only a program can sign for can freeze a holder and claw back tokens. A single key can change the code with no delay. |
Who holds the keys
Every current holder of each power, read from the chain on 2026-09-24. A single key is one private key: whoever holds it acts alone. A multisig needs the stated number of signers. A timelock makes every action wait, so holders can see it coming.
| Chain | Key | What it can do | Held by | Address |
|---|---|---|---|---|
| Ethereum | Owner | grant and revoke these powers | a single key | 0x59c1…76ee |
| Ethereum | Wallet registrar owner | freeze a holder, decide who may hold, grant and revoke these powers | a single key | 0x62c8…50f3 |
| Avalanche | Owner | grant and revoke these powers | a single key | 0x59c1…76ee |
| Avalanche | Wallet registrar owner | freeze a holder, decide who may hold, grant and revoke these powers | a single key | 0x28e3…b3fd |
| Solana | Mint authority | mint new tokens | an account only a program can sign for | 5GkT3T…Bk3f |
| Solana | Freeze authority | freeze a holder | an account only a program can sign for | 5GkT3T…Bk3f |
| Solana | Permanent delegate | claw back tokens | an account only a program can sign for | 5GkT3T…Bk3f |
| Solana | Transfer-hook authority | decide who may hold, change the code | an account only a program can sign for | 5GkT3T…Bk3f |
| Solana | Hook program upgrade authority | change the code | a single key | 8d36iv…zbB6 |
Ethereum: 12 contract reads at block 26042349, 6 functions in verified source, 2026-09-23
- eip1967.implementation=0xcd9a905d51662353859c8ad1e49b9790c53f6684
- owner()=0x59c1eacec450c57dcb9b8725d0f96635c2b676ee
- isPaused()=false
- getDSService(COMPLIANCE_CONFIGURATION_SERVICE)=0xbc3d91b12d8bb98017e706ac9470a5cdd1012b5c
- getDSService(COMPLIANCE_SERVICE)=0xdecde49100092a1c9b574aa9aa333c7a44346e1c
- getDSService(DEPRECATED_SECURITIZE_SWAP)=0xf0a865b45b687f96356a45d463a281a677fed84e
- getDSService(LOCK_MANAGER)=0xa468a86a680969b651fdf57968dae99a5b34c439
- getDSService(REGISTRY_SERVICE)=0xefd8ea8c9af77edca3aa69380c44cba2e6ffcd96
- getDSService(TRANSACTION_RELAYER)=0x6545bc8b3a6604fb9c840ed31865efe22721c117
- getDSService(TRUST_SERVICE)=0xd4a303fdf4696284bb75601e6f9657c74b30b1b1
- getDSService(WALLET_MANAGER)=0x6349db0f8db546867aa000725c14b79789bd81fc
- getDSService(WALLET_REGISTRAR)=0x826720e0e60d489c2008ad891bc131049064e2b5
- preTransferCheck in verified source 0xcd9a…6684
- BLACKLIST_MANAGER in verified source 0xcd9a…6684
- isPaused in verified source 0xcd9a…6684
- burn in verified source 0xcd9a…6684
- issueTokens in verified source 0xcd9a…6684
- upgradeToAndCall in verified source 0xcd9a…6684
Avalanche: 12 contract reads at block 96028044, 6 functions in verified source, 2026-09-24
- eip1967.implementation=0xd73f2c8f54f7b25c36e0447191b8b61b5beab577
- owner()=0x59c1eacec450c57dcb9b8725d0f96635c2b676ee
- isPaused()=false
- getDSService(COMPLIANCE_CONFIGURATION_SERVICE)=0x3cf88b7e8ebf1507b4707a3a9433035b1b0381fe
- getDSService(COMPLIANCE_SERVICE)=0x62ffabedab0b084602ab0fe2f46127824ae9be68
- getDSService(DEPRECATED_SECURITIZE_SWAP)=0x449f45b4026371a988cc31bd62677b2133c70920
- getDSService(LOCK_MANAGER)=0xfc2cb4f57523b8b2093de4c0015ae5f92770d86e
- getDSService(REGISTRY_SERVICE)=0xad8159e79153f8976c5b04476f18c519bb09d678
- getDSService(TRANSACTION_RELAYER)=0x472532e5cef0634ba700ea712b2aff4cc34f005b
- getDSService(TRUST_SERVICE)=0xd4384d6a6504427cd51652a9af3829cfa1f6fa74
- getDSService(WALLET_MANAGER)=0x690375dcbcf97517ca3f77be9a80451ea96b783e
- getDSService(WALLET_REGISTRAR)=0x33c0eefadbe7ef26f75309f403d4f0ea7f586d7a
- abi:routescan:43114:0xd73f2c8f54f7b25c36e0447191b8b61b5beab577#preTransferCheck
- abi:routescan:43114:0x1e1073cc97d53d3db3a52841a8d079e73616c62d#lockInvestor
- abi:routescan:43114:0xd73f2c8f54f7b25c36e0447191b8b61b5beab577#isPaused
- abi:routescan:43114:0xd73f2c8f54f7b25c36e0447191b8b61b5beab577#burn
- abi:routescan:43114:0xd73f2c8f54f7b25c36e0447191b8b61b5beab577#issueTokens
- abi:routescan:43114:0xd73f2c8f54f7b25c36e0447191b8b61b5beab577#upgradeToAndCall
Solana: 4 contract reads at block 449802347, 0 functions in verified source, 2026-09-23
- mintAuthority=5GkT3Ta9TosRiKv9g2aJvjx3dfqftmYXsyHckQQMBk3f
- freezeAuthority=5GkT3Ta9TosRiKv9g2aJvjx3dfqftmYXsyHckQQMBk3f
- permanentDelegate=5GkT3Ta9TosRiKv9g2aJvjx3dfqftmYXsyHckQQMBk3f
- transferHook=FsE8mCJyvgMzqJbfHbJQm3iuf3cRZC6n2vZi1Q8rQCy2
Where it trades
| Venue | Kind |
|---|---|
| Securitize primary market | issuer primary |
How it exits
| Path | Cutoff | Settlement | Settles in |
|---|---|---|---|
| Redeem with the issuer in its window | 2:00 p.m. Eastern | Redemption requests any business day before the cutoff, after a 24-hour lock-up; the fund targets T+1 but says settlement may take T+2, T+3, or longer with the liquidity of its bonds and loans | USDC, USD |
- Securitize publishes the HINC private placement memorandum; the file is then re-read for the investor class, gates, and redemption terms
- The owner key, compliance service, lock manager, wallet registrar, or proxy target on Ethereum changes, or the Solana mint, freeze, permanent-delegate, or hook authority changes
- The reader gains a verified ABI for HINC on Avalanche, or reads Sui; those chains are then completed or added
- The fund delays a redemption past T+3 or gates redemptions
- The fund leaves the 3(c)(7) exclusion or opens to US individuals
What the monitor reads daily
Every control function in the table above and the contracts the token consults on transfer; the token’s on-chain supply against yesterday’s; and its market quote against yesterday’s quote, since a fund of this kind accrues a few basis points a day. Every document quoted above is re-read too, and a quote that leaves its document reopens the file. EDGAR is read for the issuer’s Form D filings; a new filing reopens the file. A change opens a review item in the governance queue and reopens the file before any client action.
Sources
- Securitize, HINC page content (Builder.io content API behind securitize.io/hinc) · primary · accessed 2026-09-23
Supports: $100,000 minimum, AI and QP, not for US individuals, trusts, estates, daily redemption requests, T+1 target, 24-hour lock-up, transfers to whitelisted holders, 0.60% expense cap - SEC EDGAR: Neuberger Securitize High Income Tokenized Fund Ltd, Form D filed August 18, 2026 · primary · accessed 2026-09-23
Supports: BVI corporation, Rule 506(c), section 3(c)(7), $100,000 minimum, two investors, $5.1M sold, Securitize Markets as placement agent - HINC Solana mint metadata (points at metadata.securitize.io) · primary · accessed 2026-09-23
Supports: issuer-anchored Solana mint - Verified HINC implementation on Ethereum (Sourcify) · primary · accessed 2026-09-23
Supports: preTransferCheck, pause, burn, issueTokens, upgradeToAndCall, owner key shared with ACRED