IWM

ETFsLive

Tokenized iShares Russell 2000

Tokenized iShares Russell 2000, fund-style exposure delivered as a single on-chain asset.

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

Key facts

On-chain symbol
IWM
Underlying
IWM
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 IWM resolves to IWM

Each IWM on-chain represents a 1:1 claim on the underlying iShares Russell 2000 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 IWM as a tokenized iShares Russell 2000, 1:1 backed by the real underlying.

  2. 02

    Custody

    The underlying iShares Russell 2000 is held at Flo Finance, an institutional custodian.

  3. 03

    Settlement

    IWM 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 IWM with one SDK call

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

POST /v1/mint

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

Where IWM lives today

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

Available on IWM

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 IWM. 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

IWM is issued by Flo Finance and 1:1 backed by real iShares Russell 2000 held at institutional custodians. Reserves are attested daily and published on the Flo transparency surface.

Open the transparency page →

Risks

IWM carries the market risk of the underlying iShares Russell 2000, 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.