Plume Launches nBND Vault Tokenizing Fidelity Bond ETF Shares
Plume's new nBND vault brings tokenized exposure to Fidelity's Total Bond ETF onto its Open Finance platform for institutional assets.
Plume, an Open Finance platform focused on institutional assets, has unveiled a new nBND vault that holds shares of the Fidelity Total Bond ETF (NASDAQ: FBND), advancing efforts to integrate traditional fixed-income instruments into blockchain-based financial infrastructure.
The Fidelity Total Bond ETF is an actively managed fund that invests primarily across investment-grade bonds, high-yield debt, and emerging markets debt securities — a diversified fixed-income mandate that Plume is now making accessible through tokenized form.
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The move reflects a broader industry push to bring real-world assets onto blockchain rails, a trend that has gained traction among institutional players seeking greater liquidity, transparency, and programmability in asset management. By vaulting shares of an established, actively managed ETF, Plume aims to bridge conventional capital markets with decentralized financial infrastructure.
Tokenization of bond instruments is viewed by many market participants as a key step toward 24-hour settlement, fractional ownership, and streamlined cross-border access to fixed-income markets that have historically required substantial intermediation. Plume's approach of anchoring a tokenized product to a recognized, exchange-listed ETF may lower the barrier to institutional adoption.
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