Plume Brings Fidelity’s $28B Bond Giant Onchain
Key Highlights: Plume has launched a structure tied to Fidelity’s actively managed FBND exchange-traded fund, aiming to expand real-world asset tokenization beyond short-duration Treasury bills. The onchain instrument, dubbed nBND or nFBND, is a receipt token issued by Nest DAO LLC rather than direct registered ownership of Fidelity’s nearly $28 billion fund. Despite the massive ...