JPM29

BondsLive

Tokenized JPMorgan 4.08% 2029

Tokenized JPMorgan 4.08% 2029, fixed-income exposure with coupons reinvested to NAV.

See JPM29 on /markets →Underlying ticker: JPM29

Key facts

On-chain symbol
JPM29
Underlying
JPM29
Asset class
Bonds
Custody
Held at Flo Finance
Chains
Base, Arbitrum, Ethereum
Distribution treatment
Coupon reinvested to NAV
Attestation cadence
Daily
Issuer
Flo Finance
Backing
1:1 backed by the real underlying

How JPM29 resolves to JPM29

Each JPM29 on-chain represents a 1:1 claim on the underlying JPMorgan 4.08% 2029 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 JPM29 as a tokenized JPMorgan 4.08% 2029, 1:1 backed by the real underlying.

  2. 02

    Custody

    The underlying JPMorgan 4.08% 2029 is held at Flo Finance, an institutional custodian.

  3. 03

    Settlement

    JPM29 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 JPM29 with one SDK call

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

POST /v1/mint

{
  "asset": "JPM29",
  "notional_usdc": "1000.00",
  "slippage_bps": 50,
  "settlement": {
    "currency": "USDC",
    "chain": "base"
  }
}

Where JPM29 lives today

Flo distributes through partners. The same JPM29 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 JPM29 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 JPM29. 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

JPM29 is issued by Flo Finance and 1:1 backed by real JPMorgan 4.08% 2029 held at institutional custodians. Reserves are attested daily and published on the Flo transparency surface.

Open the transparency page →

Risks

JPM29 carries the market risk of the underlying JPMorgan 4.08% 2029, 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.