ME News reports that on October 5 (UTC+8), Plume announced on Twitter the launch of the Plume Vault backed by Fidelity’s Total Bond ETF (FBND). FBND is Fidelity’s largest bond ETF, with over $28 billion in off-chain assets under management, employing an active management strategy and boasting a 20-year performance history, primarily investing in investment-grade, high-yield, and emerging market debt. The official statement noted that this marks only the first step in Fidelity’s partnership, with further integration of Fidelity’s other assets planned for the future. (Source: Foresight News)
Plume Launches $2.8B Tokenized Fidelity Total Bond ETF Vault
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Summary
On October 5 (UTC+8), Plume announced the launch of a $2.8 billion tokenized Fidelity Total Bond ETF (FBND) vault. Built on MetaEra, the vault is backed by FBND, a leading bond ETF managed by Fidelity with a 20-year performance history. The fund invests in investment-grade, high-yield, and emerging market debt. Plume stated that this initiative represents the first step in a broader partnership with Fidelity, with additional tokenized assets planned. The announcement underscores the growing trend of traditional finance assets integrating into blockchain ecosystems.
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