Plume Launches nBND Vault Backed by Fidelity Bond ETF Shares
Plume's new nBND vault tokenizes shares of the Fidelity Total Bond ETF, extending its Open Finance platform deeper into institutional fixed-income markets.
Plume, an Open Finance platform focused on institutional assets, has introduced a new digital vault called nBND that holds shares of the Fidelity Total Bond ETF (NASDAQ: FBND), accelerating the firm's push to bring traditional securities onto blockchain-based infrastructure.
The FBND fund is an actively managed exchange-traded fund that allocates primarily to investment-grade bonds, high-yield debt, and emerging-markets fixed-income securities. By wrapping those shares inside a tokenized vault, Plume enables investors to gain exposure to a diversified bond portfolio through on-chain mechanisms that were previously unavailable for this asset class.
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The move reflects a broader industry trend in which financial firms are racing to tokenize real-world assets — from Treasuries to corporate bonds — in an effort to improve settlement efficiency, expand market access, and unlock round-the-clock liquidity for asset classes traditionally confined to standard exchange hours.
Plume's decision to anchor the nBND vault to an actively managed ETF rather than a passive index product signals an intent to bring portfolio-management expertise, not just passive exposure, into the tokenization ecosystem. The Fidelity Total Bond ETF's mandate spans multiple credit-quality tiers, giving the vault a built-in diversification layer.
As institutional demand for tokenized fixed-income products grows, analysts note that partnerships between established fund managers and blockchain-native platforms are becoming a key distribution mechanism for on-chain capital markets. Continue reading at All Financial Services & Investing.
