RedStone is now delivering onchain net asset value data for Neuberger Berman's HINC tokenized fund. The integration, confirmed this week, puts real-time fund pricing directly onto blockchain infrastructure — a practical bridge between traditional asset management and decentralized finance.
What RedStone is actually doing
The oracle network is supplying NAV data for HINC, the tokenized fund run by Neuberger Berman, one of the larger traditional asset managers to wade into tokenization. For a tokenized fund to function properly, the onchain token price needs to track the underlying fund's actual net asset value. RedStone is the pipe that moves that number onchain.
Without reliable NAV feeds, a tokenized fund is just a token with a name. With them, the token can be used as collateral, traded, or composed into other DeFi products without breaking the link to the real-world asset behind it.
Tokenized funds have been talked up as the next big onchain asset class, but the plumbing has lagged the pitch. Getting accurate, timely fund data into smart contracts has been a bottleneck. RedStone's work with HINC is a concrete attempt to solve that piece.
The setup also points to a broader trend: traditional finance firms aren't just issuing tokens to say they did. They're wiring up the data infrastructure that lets those tokens actually do something in DeFi — be borrowed against, traded, or used in strategies that weren't possible when fund shares lived only in brokerage accounts.
What it says about tokenized funds
Neuberger Berman isn't a crypto-native shop, and that's exactly why this integration is worth noting. When an established asset manager starts feeding NAV data onchain through an oracle network, it's a sign that tokenization is moving past the experimental stage and into operational reality.
It also shows blockchain's usefulness in managing complex financial assets — not just simple ones like stablecoins or wrapped versions of existing tokens. A fund with a moving NAV is a more complicated instrument, and handling it onchain requires more than a basic price feed.
The integration is live, and it gives observers a working example of how traditional funds can plug into DeFi without abandoning the rigor of conventional fund administration.
