LQD

ETFsLive

Tokenized iShares Investment Grade Corporate

Tokenized iShares Investment Grade Corporate, fund-style exposure delivered as a single on-chain asset.

See LQD on /markets →Underlying ticker: LQD

Key facts

On-chain symbol
LQD
Underlying
LQD
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 LQD resolves to LQD

Each LQD on-chain represents a 1:1 claim on the underlying iShares Investment Grade Corporate 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 LQD as a tokenized iShares Investment Grade Corporate, 1:1 backed by the real underlying.

  2. 02

    Custody

    The underlying iShares Investment Grade Corporate is held at Flo Finance, an institutional custodian.

  3. 03

    Settlement

    LQD 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 LQD with one SDK call

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

POST /v1/mint

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

Where LQD lives today

Flo distributes through partners. The same LQD 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 LQD 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 LQD. 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

LQD is issued by Flo Finance and 1:1 backed by real iShares Investment Grade Corporate held at institutional custodians. Reserves are attested daily and published on the Flo transparency surface.

Open the transparency page →

Risks

LQD carries the market risk of the underlying iShares Investment Grade Corporate, 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.