EMB

ETFsLive

Tokenized iShares JPM USD Emerging Bonds

Tokenized iShares JPM USD Emerging Bonds, fund-style exposure delivered as a single on-chain asset.

See EMB on /markets →Underlying ticker: EMB

Key facts

On-chain symbol
EMB
Underlying
EMB
Asset class
ETFs
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 EMB resolves to EMB

Each EMB on-chain represents a 1:1 claim on the underlying iShares JPM USD Emerging Bonds 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 EMB as a tokenized iShares JPM USD Emerging Bonds, 1:1 backed by the real underlying.

  2. 02

    Custody

    The underlying iShares JPM USD Emerging Bonds is held at Flo Finance, an institutional custodian.

  3. 03

    Settlement

    EMB 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 EMB with one SDK call

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

POST /v1/mint

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

Where EMB lives today

Flo distributes through partners. The same EMB 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 EMB 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 EMB. 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

EMB is issued by Flo Finance and 1:1 backed by real iShares JPM USD Emerging Bonds held at institutional custodians. Reserves are attested daily and published on the Flo transparency surface.

Open the transparency page →

Risks

EMB carries the market risk of the underlying iShares JPM USD Emerging Bonds, 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.