BXSL

EquitiesLive

Tokenized Blackstone Secured Lending

Tokenized Blackstone Secured Lending, on-chain exposure to the underlying equity.

See BXSL on /markets →Underlying ticker: BXSL

Key facts

On-chain symbol
BXSL
Underlying
BXSL
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 BXSL resolves to BXSL

Each BXSL on-chain represents a 1:1 claim on the underlying Blackstone Secured Lending 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 BXSL as a tokenized Blackstone Secured Lending, 1:1 backed by the real underlying.

  2. 02

    Custody

    The underlying Blackstone Secured Lending is held at Flo Finance, an institutional custodian.

  3. 03

    Settlement

    BXSL 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 BXSL with one SDK call

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

POST /v1/mint

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

Where BXSL lives today

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

Partner integrations in build

No live partner is distributing BXSL yet. Twelve integrations are in build across exchanges, wallets, fintechs, neobanks, and asset managers. Partners are listed here only after they ship.

Audits

Four independent firms, $250K bug bounty

Sherlock, Halborn, Cantina, and Cyfrin have audited the smart contracts that issue and settle BXSL. 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

BXSL is issued by Flo Finance and 1:1 backed by real Blackstone Secured Lending held at institutional custodians. Reserves are attested daily and published on the Flo transparency surface.

Open the transparency page →

Risks

BXSL carries the market risk of the underlying Blackstone Secured Lending, 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.