Plume Accelerates Tokenization's Role in Global Finance with nBND Vault
Plume launched its nBND tokenized vault, with shares of the Fidelity Total Bond ETF (FBND) as its primary reserve asset.
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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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NEW YORK, Oct. 5, 2026 /PRNewswire/ -- Plume, the Open Finance platform for institutional assets, today announces the launch of its new nBND vault. For the first time, allocators can access a tokenized vault backed by Fidelity Total Bond ETF (FBND) as its primary reserve asset.
The maturity of onchain capital markets requires access to diverse assets that are battle tested and managed by world class financial institutions. Through the vault, Plume is supporting the development of a robust fixed-income market, not simply providing another isolated yield opportunity.
"While the onchain fixed income market was originally concentrated in short-duration Treasuries and money market equivalents, these are the starting points, not the destination. Institutional allocators want duration, and active management, the same building blocks they use offchain," said Chris Yin, CEO and Co-Founder of Plume.
This year, the tokenized U.S. treasuries market grew from
Collaboration between crypto-native and traditional financial institutions is essential in nurturing this market, bridging the technical infrastructure of blockchain with the expertise, and institutional trust that traditional finance has built over decades.
Institutional appetite for proven, yield-bearing assets onchain is apparent and this vault ensures this next phase of development continues.
"As tokenized assets and on-chain applications become more integrated into mainstream market infrastructure, a collaborative ecosystem is essential to expanding investment access," said Cynthia Lo Bessette, Head of Digital Asset Management at Fidelity Investments. "We're excited to collaborate with Plume to bring financial products on-chain, providing a broader set of investors with access to greater programmability to build custom portfolios, alongside investment solutions that unlock new forms of collateral utility and access to capital."
About Plume
Plume is the Institutional Open Finance platform, serving more than half of all real-world asset holders. It brings institutional assets out of closed financial systems into open, programmable, globally accessible markets. Plume Nest Vaults, Plume's flagship asset management protocol, opens institutional assets from Apollo, WisdomTree, Hamilton Lane, and other leading firms to global investors through compliant, non-custodial vaults. Backed by Apollo Global Management, Galaxy Digital, and Brevan Howard. It holds a SEC transfer-agent registration via Kimber Transfer Agency LLC.
Media Contact
Leila Stein
press@plumenetwork.xyz
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SOURCE Plume Network