Plume launches tokenized vault backed by Fidelity Total Bond ETF
Image: Crypto.newsPlume has launched nBND, a tokenized vault backed by Fidelity Total Bond ETF (FBND) shares. The vault operates on Plume's Nest real-world asset protocol, targeting institutional investors seeking onchain bond exposure. Fidelity's June 2026 data shows FBND held $26.6 billion in assets, with newer estimates approaching $28 billion. The product expands onchain fixed income beyond short-term Treasuries and money market offerings. Plume plans to bring additional Fidelity assets onchain after the nBND launch.
Key points
- Plume launched nBND, a tokenized vault backed by Fidelity Total Bond ETF (FBND) shares.
- The vault runs on Plume's Nest protocol for tokenizing real-world assets.
- nBND expands onchain fixed income access beyond short-term Treasuries and money market products.
- Plume plans to bring additional Fidelity assets onchain following the nBND launch.
Why it matters
The launch gives institutional investors onchain access to actively managed bond exposure via a regulated, liquid wrapper. It expands the range of fixed-income assets available in tokenized form beyond short-term government and money market products.
Sources · 2 publishers
Crypto.news
Tier 2
Plume opens onchain access to Fidelity’s $28B bond ETF
Coverage timeline
- First reported by Crypto Briefing
- Confirmed by Crypto.news
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
