ITWf

EquitiesLive

Tokenized Illinois Tool Works

Tokenized Illinois Tool Works, on-chain exposure to the underlying equity.

See ITW on /markets →Underlying ticker: ITW

Key facts

Wrapped symbol
ITWf
Underlying
ITW
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 ITWf resolves to ITW

Each ITWf on-chain represents a unit claim on the underlying Illinois Tool Works 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 ITWf under the FMA-approved Liechtenstein base prospectus, EEA-passported across 30 states.

  2. 02

    Custody

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

  3. 03

    Settlement

    ITWf 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 ITWf with one SDK call

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

POST /v1/mint

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

Where ITWf lives today

Flo distributes through partners. The same ITWf 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 ITW 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 ITWf. The same contracts power every Flo-issued token; one audit covers the catalogue.

Read the audit reports →

Prospectus

FMA-approved Liechtenstein base prospectus

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

Open the prospectus →

Risks

ITWf carries the market risk of the underlying Illinois Tool Works, 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.