Plume Launches nBND Vault Tokenizing Fidelity Bond ETF Shares
Plume's new nBND vault brings tokenized exposure to Fidelity's Total Bond ETF, expanding institutional access to on-chain fixed income.
Plume, an open finance platform focused on institutional assets, has launched a new digital vault called nBND that holds shares of the Fidelity Total Bond ETF (NASDAQ: FBND), marking another step in the broader push to bring traditional financial instruments onto blockchain infrastructure.
The FBND ETF is an actively managed fund that invests across investment-grade bonds, high-yield debt, and emerging markets fixed income securities. By tokenizing shares of the fund through the nBND vault, Plume aims to give investors on-chain access to a diversified bond portfolio that would otherwise require conventional brokerage accounts and settlement processes.
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The launch reflects growing momentum behind asset tokenization, a trend in which real-world financial instruments — from Treasuries to credit products — are represented as digital tokens on a blockchain. Proponents argue the approach can reduce settlement friction, broaden investor access, and improve liquidity in markets that have historically been opaque or difficult to enter for smaller participants.
For Plume, the nBND vault represents an expansion of its product suite targeting institutional-grade assets. The platform has positioned itself as infrastructure for bringing regulated, real-world assets into decentralized finance ecosystems, a segment that has attracted significant attention from both traditional asset managers and crypto-native firms in recent years.
The intersection of established ETF products with tokenization technology signals continued convergence between legacy financial markets and blockchain-based systems, a dynamic regulators and market participants are watching closely. Continue reading at All Financial Services & Investing.
