Plume Accelerates Tokenization's Role in Global Finance with nBND Vault
Article excerpt
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. 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 $12 billion in April 2026 to $15 billion in June, just two months later. This is only a fraction of the global fixed income market that represents over $100 trillion in assets. Should this entire market be tokenized, as expected and outlined by...
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"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."
