Plume Opens Onchain Door to Fidelity’s $28B Bond Giant
Plume opened nBND on Oct. 5, giving investors blockchain-based exposure to Fidelity’s roughly $28 billion Total Bond ETF. But there’s a small catch. The exchange-traded fund (ETF) itself wasn’t tokenized, and its $28 billion hasn’t moved onchain. The nBND vehicle is a receipt token for a Nest vault holding FBND shares, and hours after launch, […]
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Plume opened nBND on Oct. 5, giving investors blockchain-based exposure to Fidelity’s roughly $28 billion Total Bond ETF. But there’s a small catch. The exchange-traded fund (ETF) itself wasn’t tokenized, and its $28 billion hasn’t moved onchain. The nBND vehicle is a receipt token for a Nest vault holding FBND shares, and hours after launch, […]
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