COST

EquitiesLive

Tokenized Costco Wholesale

Tokenized Costco Wholesale, on-chain exposure to the underlying equity.

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

Key facts

Wrapped symbol
COST
Underlying
COST
Asset class
Equities
Custodian
Interactive Brokers
Chains
Base, Arbitrum, Ethereum
Distribution treatment
Total return, accrued to NAV
Attestation cadence
Daily
Issuer
Flo Global Markets Ltd. (BVI)
Asset SPC
Flo Capital SPC (Cayman)
Prospectus
FMA-approved Liechtenstein base prospectus

How COST resolves to COST

Each COST on-chain represents a unit claim on the underlying Costco Wholesale held in a segregated brokerage account. The issuer, custodian, and prospectus are the same for every Flo token; only the underlying differs.

  1. 01

    Issuance

    Flo Global Markets Ltd. (BVI) issues COST under the FMA-approved Liechtenstein base prospectus, EEA-passported across 30 states.

  2. 02

    Custody

    The underlying Costco Wholesale is held by Flo Capital SPC (Cayman) in a segregated brokerage account at Interactive Brokers, an SEC-registered broker-dealer.

  3. 03

    Settlement

    COST 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 COST with one SDK call

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

POST /v1/mint

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

Where COST lives today

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

Available on COST

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 COST. The same contracts power every Flo-issued token; one audit covers the catalogue.

Read the audit reports →

Prospectus

FMA-approved Liechtenstein base prospectus

COST is issued under a base prospectus approved by the Liechtenstein Financial Market Authority and passportable across all 30 EEA states.

Open the prospectus →

Risks

COST carries the market risk of the underlying Costco Wholesale, plus the structural risks common to every issuer-wrapped token: custody concentration, smart-contract risk, oracle dependency, and prospectus jurisdiction. Read the full risk section in the base prospectus before integrating or holding.