V

EquitiesLive

Tokenized Visa Inc.

Tokenized Visa Inc., on-chain exposure to the underlying equity.

See V on /markets →Underlying ticker: V
Available onGM Markets

Key facts

On-chain symbol
V
Underlying
V
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 V resolves to V

Each V on-chain represents a 1:1 claim on the underlying Visa Inc. 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 V as a tokenized Visa Inc., 1:1 backed by the real underlying.

  2. 02

    Custody

    The underlying Visa Inc. is held at Flo Finance, an institutional custodian.

  3. 03

    Settlement

    V 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 V with one SDK call

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

POST /v1/mint

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

Where V lives today

Flo distributes through partners. The same V on-chain is the asset every partner integrates against; partner UIs may relabel it for their own brand.

Available on V

1 partner

See the asset live, in a real partner app, settled on-chain through the Flo SDK.

Audits

Four independent firms, $250K bug bounty

Sherlock, Halborn, Cantina, and Cyfrin have audited the smart contracts that issue and settle V. 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

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

Open the transparency page →

Risks

V carries the market risk of the underlying Visa Inc., 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.