Plume Launches nBND Vault Backed by Fidelity Bond ETF Shares
Plume's new nBND vault tokenizes shares of the Fidelity Total Bond ETF, marking another step toward blockchain-based institutional finance.
Plume, an open finance platform focused on institutional assets, has introduced a new tokenized vault called nBND, which holds shares of the Fidelity Total Bond ETF (NASDAQ: FBND), the company announced from New York on Oct. 5, 2026.
The FBND is an actively managed exchange-traded fund that invests primarily in investment-grade bonds, high-yield debt, and emerging markets fixed-income securities. By vaulting shares of this established instrument, Plume is bridging traditional fixed-income exposure with on-chain accessibility for institutional participants.
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The move reflects a broader industry push to bring real-world assets onto blockchain rails, a trend that has gained momentum as institutional investors seek more efficient ways to access, transfer, and manage conventional financial products. Tokenization proponents argue the technology can reduce settlement times, lower counterparty risk, and expand market access across borders.
Plume's approach of anchoring the vault to an actively managed ETF — rather than a passive index fund — signals an intent to offer investors dynamic portfolio management alongside the structural benefits of tokenization. The Fidelity Total Bond ETF's multi-sector mandate gives the vault broad fixed-income exposure within a single on-chain wrapper.
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