Plume launches nBND tokenized vault backed by Fidelity Total Bond ETF (FBND)
Plume has launched nBND, a tokenized vault backed primarily by Fidelity's actively managed Total Bond ETF (FBND), giving on-chain allocators longer-duration and actively managed bond exposure beyond short-duration Treasuries and money-market assets. Crypto Briefing reported the product under the name nFBND, while WuBlockchain and BSCN referred to it as nBND, leaving the product name inconsistent between reports. Per BSCN, Plume co-founder Teddy Pornprinya discussed on-chain investment solutions with Fidelity's Head of Digital Asset Management Cynthia Lo Bessette in a published conversation.
Plume has launched nBND, a tokenized vault backed primarily by Fidelity's actively managed Total Bond ETF (FBND), giving on-chain allocators longer-duration and actively managed bond exposure beyond short-duration Treasuries and money-market assets. Crypto Briefing reported the product under the name nFBND, while WuBlockchain and BSCN referred to it as nBND, leaving the product name inconsistent between reports. Per BSCN, Plume co-founder Teddy Pornprinya discussed on-chain investment solutions with Fidelity's Head of Digital Asset Management Cynthia Lo Bessette in a published conversation.
Key facts
- Plume launched nBND, a tokenized vault backed primarily by Fidelity Total Bond ETF (FBND).
- FBND is an actively managed ETF investing primarily in investment-grade, high yield, and emerging markets debt.
- The vault targets on-chain allocators seeking longer-duration and actively managed bond exposure beyond short-duration Treasuries and money-market assets.
- Crypto Briefing reported the vault under the name nFBND, while WuBlockchain and BSCN referred to it as nBND; the product name differs between the reports.
- Per BSCN, the vault is fully backed by the Fidelity Total Bond ETF (FBND).
- Per Crypto Briefing, the vault aims to bridge traditional finance and blockchain to enhance asset liquidity.
- Plume co-founder Teddy Pornprinya discussed on-chain investment solutions with Fidelity's Head of Digital Asset Management Cynthia Lo Bessette in a published conversation, per BSCN.
- BSCN described the launch as a new addition to Plume's tokenization-focused RWA vault suite.
- Crypto Briefing reported the vault product is named nFBND, while BSCN referred to it as nBND; the product name differs between the two reports.
Sources · 3 sources
- CB
Crypto BriefingArticle ·
Plume Network launches nFBND vault tied to Fidelity’s Total Bond ETF Plume's nFBND vault could revolutionize fixed-income markets by bridging traditional finance and blockchain, enhancing asset liquidity. The post Plume Network launches nFBND vault tied to Fidelity’s Total Bond ETF appeared first on Crypto Briefing .
Open source - BS
BSCN@BSCNewsPost on X ·
Plume adds Fidelity-backed vault to its RWA suite. The tokenisation-focused @plumenetwork has just unveiled it brand-new RWA vault nBND. The vault is fully-backed Fidelity Total Bond ETF (FBND) which is actively managed and mostly invests in emerging market debt. A new interview saw Plume founder @teddyP_xyz even sit down with Fidelity's Head of Digital Asset Management to discuss the play.
Open source - WB
Wu Blockchain@WuBlockchainPost on X ·
Plume Launches Tokenized Bond Vault Backed by Fidelity Total Bond ETF Plume has launched nBND, a tokenized vault backed primarily by Fidelity Total Bond ETF (FBND). The product is designed to give on-chain allocators exposure to a broader fixed-income portfolio beyond short-duration Treasuries and money-market assets, as Plume expands its tokenized asset offering into longer-duration and actively managed bond exposure.
Open source