CCL28

BondsLive

Tokenized Carnival 10.50% 2028

Tokenized Carnival 10.50% 2028, fixed-income exposure with coupons reinvested to NAV.

See CCL28 on /markets →Underlying ticker: CCL28

Key facts

On-chain symbol
CCL28
Underlying
CCL28
Asset class
Bonds
Custody
Held at Flo Finance
Chains
Base, Arbitrum, Ethereum
Distribution treatment
Coupon reinvested to NAV
Attestation cadence
Daily
Issuer
Flo Finance
Backing
1:1 backed by the real underlying

How CCL28 resolves to CCL28

Each CCL28 on-chain represents a 1:1 claim on the underlying Carnival 10.50% 2028 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 CCL28 as a tokenized Carnival 10.50% 2028, 1:1 backed by the real underlying.

  2. 02

    Custody

    The underlying Carnival 10.50% 2028 is held at Flo Finance, an institutional custodian.

  3. 03

    Settlement

    CCL28 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 CCL28 with one SDK call

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

POST /v1/mint

{
  "asset": "CCL28",
  "notional_usdc": "1000.00",
  "slippage_bps": 50,
  "settlement": {
    "currency": "USDC",
    "chain": "base"
  }
}

Where CCL28 lives today

Flo distributes through partners. The same CCL28 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 CCL28 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 CCL28. 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

CCL28 is issued by Flo Finance and 1:1 backed by real Carnival 10.50% 2028 held at institutional custodians. Reserves are attested daily and published on the Flo transparency surface.

Open the transparency page →

Risks

CCL28 carries the market risk of the underlying Carnival 10.50% 2028, 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.