Plume Launches nBND Vault Backed by Fidelity Bond ETF Shares
Plume's new nBND vault tokenizes shares of Fidelity's Total Bond ETF, expanding access to institutional fixed-income assets on-chain.
Plume, an open finance platform focused on institutional assets, has introduced a new tokenized vault backed by shares of the Fidelity Total Bond ETF (NASDAQ: FBND), accelerating the integration of traditional fixed-income instruments into blockchain-based finance.
The nBND vault holds shares of FBND, an actively managed exchange-traded fund that allocates across investment-grade bonds, high-yield debt, and emerging markets debt securities. By wrapping the ETF in a tokenized structure, Plume aims to make institutional-quality fixed-income exposure more accessible through decentralized finance infrastructure.
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The launch reflects a broader industry push toward tokenization of real-world assets, a trend that has drawn increasing interest from both traditional asset managers and blockchain-native platforms. Tokenized products built on established ETFs represent a bridge between regulated financial instruments and on-chain liquidity, potentially lowering barriers for a wider class of investors.
Fidelity's Total Bond ETF is actively managed, distinguishing it from passive index-tracking bond funds, and its inclusion in the Plume vault signals growing institutional comfort with pairing recognized fund brands alongside tokenization technology. The structure allows the underlying ETF shares to serve as collateral or yield-generating assets within Plume's ecosystem.
As tokenization of traditional financial products gains momentum globally, platforms like Plume are positioning themselves at the intersection of institutional asset management and decentralized infrastructure. Continue reading at All Financial Services & Investing.
