POPA ReconPlume Puts Fidelity’s Bond ETF Onchain via nBND
Plume Puts Fidelity’s Bond ETF Onchain via nBND Plume launched the nBND vault, backed by the Fidelity Total Bond ETF (FBND), an actively managed fund of investment-grade, high-yield and emerging-market debt. nBND runs on Nest, Plume's RWA vault protocol: allocators deposit stablecoins and get a token tracking their share of FBND. The fund launched in 2014, manages $27.9B, yields about 4.9% with monthly payouts and charges a 0.36% expense ratio. FBND already sits in the ether.fi Liquid RWA vault built with Plume. Onchain yield began with short-term Treasuries, and allocators now want longer…
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