NVO

EquitiesLive

Tokenized Novo Nordisk A/S

Tokenized Novo Nordisk A/S, on-chain exposure to the underlying equity.

See NVO on /markets →Underlying ticker: NVO

Key facts

On-chain symbol
NVO
Underlying
NVO
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 NVO resolves to NVO

Each NVO on-chain represents a 1:1 claim on the underlying Novo Nordisk A/S 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 NVO as a tokenized Novo Nordisk A/S, 1:1 backed by the real underlying.

  2. 02

    Custody

    The underlying Novo Nordisk A/S is held at Flo Finance, an institutional custodian.

  3. 03

    Settlement

    NVO 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 NVO with one SDK call

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

POST /v1/mint

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

Where NVO lives today

Flo distributes through partners. The same NVO 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 NVO 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 NVO. 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

NVO is issued by Flo Finance and 1:1 backed by real Novo Nordisk A/S held at institutional custodians. Reserves are attested daily and published on the Flo transparency surface.

Open the transparency page →

Risks

NVO carries the market risk of the underlying Novo Nordisk A/S, 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.