Aave founder and CEO Stani Kulechov announced a governance proposal to add the Neuberger Securitize High Income Tokenized Fund, or HINC, to Aave Horizon as supply-only collateral. Neuberger Berman, the asset manager behind the fund, oversees roughly $230 billion in assets under management. HINC invests primarily in high-yield corporate bonds, collateralized loan obligations and bank loans, and requires a minimum investment of $100,000, positioning it for qualified institutional users rather than retail participants. If approved, HINC holders could borrow USDC, GHO and RLUSD against their fund positions. HINC would become Aave Horizon's first below-investment-grade credit asset, expanding the platform beyond treasuries and investment-grade instruments. Securitize provides the tokenization and infrastructure, while Neuberger Berman serves as subadvisor. The fund operates across Avalanche, Ethereum, Solana and Sui. Aave Horizon is an institutional-grade Ethereum lending protocol for borrowing stablecoins against tokenized real-world assets, with hundreds of millions in market size. Its supply-only designation would allow HINC to be deposited for yield or used as collateral, but not borrowed by other users, limiting some leverage and rehypothecation risks.