BAC

EquitiesLive

Tokenized Bank of America

Tokenized Bank of America, on-chain exposure to the underlying equity.

See BAC on /markets →Underlying ticker: BAC
Available onGM Markets

Key facts

On-chain symbol
BAC
Underlying
BAC
Asset class
Equities
Custody
Held at Flo Finance
Chains
Base, Arbitrum, Ethereum
Distribution treatment
Total return, accrued to NAV
Attestation cadence
Daily
Issuer
Flo Finance
Backing
1:1 backed by the real underlying

How BAC resolves to BAC

Each BAC on-chain represents a 1:1 claim on the underlying Bank of America held at an institutional custodian. The issuer and backing model are the same for every Flo token; only the underlying differs.

  1. 01

    Issuance

    Flo Finance issues BAC as a tokenized Bank of America, 1:1 backed by the real underlying.

  2. 02

    Custody

    The underlying Bank of America is held at Flo Finance, an institutional custodian.

  3. 03

    Settlement

    BAC settles on-chain on Base, Arbitrum, Ethereum. Cross-chain transfers route through Chainlink CCIP.

  4. 04

    Attestation

    Reserves are attested daily by an independent auditor and published on the Flo transparency surface.

Mint BAC with one SDK call

Every Flo-issued token shares the same six SDK methods. Mint, redeem, supply, withdraw, borrow, repay.

POST /v1/mint

{
  "asset": "BAC",
  "notional_usdc": "1000.00",
  "slippage_bps": 50,
  "settlement": {
    "currency": "USDC",
    "chain": "base"
  }
}

Where BAC lives today

Flo distributes through partners. The same BAC on-chain is the asset every partner integrates against; partner UIs may relabel it for their own brand.

Available on BAC

1 partner

See the asset live, in a real partner app, settled on-chain through the Flo SDK.

Audits

Four independent firms, $250K bug bounty

Sherlock, Halborn, Cantina, and Cyfrin have audited the smart contracts that issue and settle BAC. The same contracts power every Flo-issued token; one audit covers the catalogue.

Read the audit reports →

Backing

1:1 backed by the real underlying

BAC is issued by Flo Finance and 1:1 backed by real Bank of America held at institutional custodians. Reserves are attested daily and published on the Flo transparency surface.

Open the transparency page →

Risks

BAC carries the market risk of the underlying Bank of America, plus the structural risks common to every tokenized asset: custody concentration, smart-contract risk, and oracle dependency. Read the full risk disclosures on the Flo transparency surface before integrating or holding.