Plume Opens Onchain Door to Fidelity’s $28B Bond Giant
Oct 05 2026 23:53 UTC - CryptoNews
A $28 Billion Bond Giant Gets a Blockchain Wrapper A roughly $28 billion Fidelity bond ETF just acquired a blockchain doorway, but almost none of that mountain of money walked through
➤ Plume has launched nBND, a token that provides on-chain exposure to Fidelity's $28 billion Total Bond ETF (FBND), though the underlying assets remain off-chain.
➤ The nBND token functions as a receipt for shares held in a vault, aiming to bring diversified, actively managed bond exposure into DeFi as programmable collateral.
➤ Despite the significant size of the underlying ETF, the on-chain experiment began with minimal assets, highlighting the early stage of institutional adoption for such tokenized products.
Read more at: https://rwatimes.io/articles/cryptonews-plume-opens-onchain-door-to-fidelitys-28-b-bond-giant-613572347?utm_source=binance
Oct 05 2026 23:53 UTC - CryptoNews
A $28 Billion Bond Giant Gets a Blockchain Wrapper A roughly $28 billion Fidelity bond ETF just acquired a blockchain doorway, but almost none of that mountain of money walked through
➤ Plume has launched nBND, a token that provides on-chain exposure to Fidelity's $28 billion Total Bond ETF (FBND), though the underlying assets remain off-chain.
➤ The nBND token functions as a receipt for shares held in a vault, aiming to bring diversified, actively managed bond exposure into DeFi as programmable collateral.
➤ Despite the significant size of the underlying ETF, the on-chain experiment began with minimal assets, highlighting the early stage of institutional adoption for such tokenized products.
Read more at: https://rwatimes.io/articles/cryptonews-plume-opens-onchain-door-to-fidelitys-28-b-bond-giant-613572347?utm_source=binance