Rhea-AI Summary
Plume launched its nBND tokenized vault, with shares of the Fidelity Total Bond ETF (FBND) as its primary reserve asset.
The ETF is actively managed and invests primarily in investment-grade, high-yield and emerging-markets debt securities. The vault gives allocators access to those ETF shares through a tokenized structure. Fidelity Investments' Head of Digital Asset Management, Cynthia Lo Bessette, described collaboration with Plume to bring financial products on-chain.
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