Plume Launches nBND Vault Backed by Fidelity Total Bond ETF
Plume, an institutional open finance platform, has launched the new nBND vault backed by shares of the Fidelity Total Bond ETF (FBND). This marks a significant step in integrating traditional fixed-income assets into onchain markets. The vault is designed to support the development of robust tokenized fixed income products rather than just offering isolated yield opportunities. The CEO and Co-Founder, Chris Yin, emphasized that institutional investors are seeking duration and active management similar to what they use off-chain. This aligns with a growing trend in onchain capital markets where demand for diverse assets is increasing. The U.S. tokenized treasuries market has already grown from $12 billion in April 2026 to $15 billion by June, highlighting the potential of this emerging sector. Cynthia Lo Bessette from Fidelity Investments noted that collaboration between traditional finance and crypto-native platforms is essential for expanding investment access. Plume's platform aims to bring institutional assets into open markets through compliant protocols like its Nest Vaults.
Tickers: $FBND
Topics: blockchain ETFs fixed income institutional finance tokenized assets