TFC
EquitiesLiveTokenized Truist Financial Corp.
Tokenized Truist Financial Corp., on-chain exposure to the underlying equity.
Key facts
- On-chain symbol
- TFC
- Underlying
- TFC
- 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 TFC resolves to TFC
Each TFC on-chain represents a 1:1 claim on the underlying Truist Financial Corp. held at an institutional custodian. The issuer and backing model are the same for every Flo token; only the underlying differs.
- 01
Issuance
Flo Finance issues TFC as a tokenized Truist Financial Corp., 1:1 backed by the real underlying.
- 02
Custody
The underlying Truist Financial Corp. is held at Flo Finance, an institutional custodian.
- 03
Settlement
TFC settles on-chain on Base, Arbitrum, Ethereum. Cross-chain transfers route through Chainlink CCIP.
- 04
Attestation
Reserves are attested daily by an independent auditor and published on the Flo transparency surface.
Mint TFC with one SDK call
Every Flo-issued token shares the same six SDK methods. Mint, redeem, supply, withdraw, borrow, repay.
POST /v1/mint
{
"asset": "TFC",
"notional_usdc": "1000.00",
"slippage_bps": 50,
"settlement": {
"currency": "USDC",
"chain": "base"
}
}Where TFC lives today
Flo distributes through partners. The same TFC 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 TFC 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 TFC. 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
TFC is issued by Flo Finance and 1:1 backed by real Truist Financial Corp. held at institutional custodians. Reserves are attested daily and published on the Flo transparency surface.
Open the transparency page →Risks
TFC carries the market risk of the underlying Truist Financial Corp., 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.