Plume Accelerates Tokenization's Role in Global Finance with nBND Vault

Plume Accelerates Tokenization's Role in Global Finance with nBND Vault

New nBND vault holds shares of Fidelity Total Bond ETF (NASDAQ: FBND), an actively managed ETF that invests primarily in investment-grade, high yield, and emerging markets debt securities.

A Fidelity bond fund now backs a blockchain-based investment vault

The tokenized U.S. Treasury market grew from $12B in April to $15B in June; global fixed income exceeds $100T. FBND is the vault's main reserve asset.

Plume launches nBND vault backed by Fidelity Total Bond ETF

Plume's nBND vault could accelerate institutional adoption of tokenized assets, blending traditional finance with blockchain innovation.