PNC

EquitiesLive

Tokenized PNC Financial Services

Tokenized PNC Financial Services, on-chain exposure to the underlying equity.

See PNC on /markets →Underlying ticker: PNC

Key facts

On-chain symbol
PNC
Underlying
PNC
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 PNC resolves to PNC

Each PNC on-chain represents a 1:1 claim on the underlying PNC Financial Services 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 PNC as a tokenized PNC Financial Services, 1:1 backed by the real underlying.

  2. 02

    Custody

    The underlying PNC Financial Services is held at Flo Finance, an institutional custodian.

  3. 03

    Settlement

    PNC 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 PNC with one SDK call

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

POST /v1/mint

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

Where PNC lives today

Flo distributes through partners. The same PNC 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 PNC 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 PNC. 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

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

Open the transparency page →

Risks

PNC carries the market risk of the underlying PNC Financial Services, 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.