JPM

EquitiesLive

Tokenized JPMorgan Chase

Tokenized JPMorgan Chase, on-chain exposure to the underlying equity.

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

Key facts

On-chain symbol
JPM
Underlying
JPM
Asset class
Equities
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 JPM resolves to JPM

Each JPM on-chain represents a 1:1 claim on the underlying JPMorgan Chase 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 JPM as a tokenized JPMorgan Chase, 1:1 backed by the real underlying.

  2. 02

    Custody

    The underlying JPMorgan Chase is held at Flo Finance, an institutional custodian.

  3. 03

    Settlement

    JPM 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 JPM with one SDK call

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

POST /v1/mint

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

Where JPM lives today

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

Available on JPM

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 JPM. 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

JPM is issued by Flo Finance and 1:1 backed by real JPMorgan Chase held at institutional custodians. Reserves are attested daily and published on the Flo transparency surface.

Open the transparency page →

Risks

JPM carries the market risk of the underlying JPMorgan Chase, 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.