Plume Launches nBND Vault Backed by Fidelity Bond ETF Shares

Plume, an Open Finance platform focused on institutional assets, has launched a new tokenized vault tied to the Fidelity Total Bond ETF (NASDAQ: FBND), the company announced from New York on Oct. 5, 2026. The product, called nBND, represents the latest effort by blockchain-native platforms to bring traditional fixed-income instruments onto decentralized infrastructure.

The Fidelity Total Bond ETF is an actively managed fund that allocates across investment-grade bonds, high-yield debt, and emerging markets securities — asset classes that have historically required institutional access or brokerage accounts. By wrapping FBND shares in a tokenized vault, Plume aims to widen participation in these markets to a broader set of on-chain investors.

Read more Sovereign Wealth Fund Group Plans $5T US Capital Push at 2026 I20 Summit →

The launch reflects a broader industry push toward real-world asset tokenization, a process that converts ownership rights in conventional financial instruments into blockchain-based tokens. Proponents argue that tokenization lowers barriers to entry, improves settlement efficiency, and enables programmable yield distribution in ways that legacy financial plumbing cannot easily replicate.

Plume's move places it alongside a growing cohort of fintech and decentralized finance platforms racing to capture institutional interest in tokenized credit products. Fixed-income assets, given their relatively stable cash flows, have emerged as a natural early target for this infrastructure buildout, with several major asset managers and technology firms staking positions in the space.

The nBND vault's backing by a named, exchange-listed ETF from a recognized manager may help address a persistent concern among institutional participants around counterparty transparency in tokenized products. Continue reading at All Financial Services & Investing.