Plume Launches Tokenized Bond ETF Vault on Its Finance Platform
Plume's new nBND vault tokenizes shares of Fidelity's Total Bond ETF, extending the blockchain platform's push into institutional fixed-income markets.
Plume, an open finance platform focused on institutional assets, has introduced a new vault that tokenizes shares of the Fidelity Total Bond ETF (NASDAQ: FBND), accelerating the company's effort to bring traditional fixed-income instruments onto blockchain infrastructure.
The nBND vault holds shares of FBND, an actively managed exchange-traded fund that invests primarily in investment-grade bonds, high-yield debt, and emerging-markets debt securities. By wrapping the ETF in a tokenized structure, Plume aims to make exposure to that diversified bond portfolio accessible within decentralized finance frameworks.
Read more SWFI Plans $5 Trillion US Investment Push at Miami I20 Summit →
The launch reflects a broader industry trend in which financial technology firms seek to bridge conventional asset management with blockchain-based settlement and ownership. Tokenization proponents argue the approach can improve liquidity, reduce settlement friction, and open institutional-grade products to a wider range of market participants.
FBND, managed by Fidelity Investments, spans multiple fixed-income categories, giving the underlying vault exposure to varying credit qualities and geographies — a profile that distinguishes it from simpler, single-category tokenized bond products that have appeared elsewhere in the market.
Continue reading at All Financial Services & Investing.
