$PLUME ๐๐ข
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Plume Launches Vault Backed by FBND
Plume announced on X that it has launched a Plume Vault backed by Fidelity Total Bond ETF (FBND).
According to Foresight News, FBND is the largest bond ETF managed by Fidelity, with more than $28 billion in off-chain assets under management. It follows an active management strategy and has a 20-year track record, investing primarily in investment-grade, high-yield, and emerging-market debt. Officials said this is just the first step in the partnership with Fidelity, and that they will continue to bring other Fidelity assets on-chain.
According to Foresight News, FBND is the largest bond ETF managed by Fidelity, with more than $28 billion in off-chain assets under management. It follows an active management strategy and has a 20-year track record, investing primarily in investment-grade, high-yield, and emerging-market debt. Officials said this is just the first step in the partnership with Fidelity, and that they will continue to bring other Fidelity assets on-chain.
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