Plume Opens Onchain Door to Fidelity’s $28B Bond Giant

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.

Topics: Asset types, Institutional adoption, Integration with defi, Financial instruments, Asset manager initiatives, Rwa collateral lending

Tags: #plume #fidelity #tokenizedbonds #nfbnd #blockchainwrapper #defi #institutionalinvestors #nestprotocol #bondetf

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Messari Tweets Plume Network’s Nest Protocol Surpasses $50M in TVL

In a recent tweet, Messari announced that Plume Network’s Nest protocol has surpassed $50 million in total value locked (TVL) in its vaults. This milestone indicates a growing demand

• Plume Network's Nest protocol has surpassed $50 million in Total Value Locked (TVL), indicating growing institutional demand for yield-generating products.
• This milestone highlights the increasing intersection of traditional finance and decentralized finance (DeFi), with investors seeking reliable returns.
• The success of the Nest protocol positions Plume Network as a key player in integrating real-world assets (RWAs) into DeFi infrastructure.

Topics: Scalability, Institutional adoption, Integration with defi, Growth metrics, Asset manager initiatives, Rwa collateral lending

Tags: #plumenetwork #nestprotocol #messari #tvl #realworldassets #rwa #treasuries #privatecredit #defi #institutionalinvestors

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