Plume Launches nBND Vault to Tokenize Fidelity Bond ETF Shares

Plume, an Open Finance platform focused on institutional assets, has introduced a new digital vault that tokenizes shares of the Fidelity Total Bond ETF (NASDAQ: FBND), marking another step in the growing convergence of traditional fixed-income markets and blockchain-based finance.

The nBND vault gives investors exposure to FBND, an actively managed exchange-traded fund that targets a broad mix of investment-grade bonds, high-yield debt, and emerging markets securities. By wrapping these shares in a tokenized structure, Plume aims to make the underlying asset more accessible and composable within decentralized finance ecosystems.

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The launch reflects an accelerating industry trend in which established financial instruments are being brought on-chain to improve liquidity, transparency, and programmability. Tokenization of real-world assets — ranging from treasuries to credit products — has attracted significant institutional attention as blockchain infrastructure matures and regulatory clarity improves in several jurisdictions.

Plume's platform is designed specifically to bridge institutional-grade assets with on-chain capital markets, and the addition of a bond ETF vault underscores the platform's strategy of targeting fixed-income products as a core tokenization category. The move positions the firm within a competitive but fast-growing segment of the digital asset space where several other protocols have also sought to digitize yield-bearing instruments.

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