FNO1DROPReal-World Asset
Flowcarbon Voluntary Carbon Offsets DROP
- Value of backing
- $0
- 19D change
- -
- Yield · Gross YTM
- 7.50%
- NAV
- 1.0200
- Management fees
- 0.60%
- Minimum
- $25K
- Redemption
- Quarterly
- Launched
- 15 May 2022
Depends onCentrifuge
Field coverage 92%Primary-source or on-chain verified 100% of tracked metrics0/1 source documents analyst-verifiedLast reconciled 13 Nov 2026
Overview
What this product is
Senior DROP tranche of Flowcarbon Nature Offsets Series 1 on Centrifuge Tinlake, financing verified carbon offset projects with contracted corporate off-take agreements.
- Underlying asset
- Certified voluntary carbon emission reduction credits from verified forestry and soil projects
- Asset class
- Product structure
- SPV-Backed Security
- Legal structure
- US Reg D / 3(c)(7) Fund
- Issuer jurisdiction
United States- Fund domicile
- United States
- Base currency
- USD
- Launched
- 15 May 2022
Peer set
Comparable products
Products in the same asset class and currency. Yields are quoted on different bases, so check each one before comparing.
| BCT | 0.00% | 0.00% | $0 | $18.8M |
| NCT | 0.00% | 0.00% | $0 | $5M |
| FNO1DROPthis product | 7.50% | 0.60% | $25K | $0 |
Issuer
Who runs it
FlowcarbonNew York, United States
New York, United StatesClimate finance infrastructure platform tokenizing high-integrity carbon credits and voluntary ecological assets on institutional ledgers.
Portfolio
Composition
- Certified Carbon Offtake Contracts100.0%
Backing
Attestation
Asset backing
What each token represents in physical terms.
- Certified Carbon Offtake Contracts100.0%
On-chain history begins 26 Oct 2026 and covers 19 days of readings.
AUM
$0
Assets under management
+0.0% over 19 days held
Yield
7.50%
Yield history. Gross YTM
+0.0% over 19 days held
NAV
1.0200
NAV per token
+0.0% over 19 days held
Movement
Recent daily movement
Net movement -Over -Change -
| Direction | ||||
|---|---|---|---|---|
| 13 Nov 2026 | $0 | $0 | - | |
| 12 Nov 2026 | $0 | $0 | - | |
| 11 Nov 2026 | $0 | $0 | - | |
| 10 Nov 2026 | $0 | $0 | - | |
| 09 Nov 2026 | $0 | $0 | - | |
| 08 Nov 2026 | $0 | $0 | - | |
| 07 Nov 2026 | $0 | $0 | - | |
| 06 Nov 2026 | $0 | $0 | - | |
| 05 Nov 2026 | $0 | $0 | - | |
| 04 Nov 2026 | $0 | $0 | - |
Redemption
Terms
Contractual terms
- Redemption frequency
- Quarterly
- Dealing cut-off
- 17:00 UTC
- Settlement
- T+5
- Redemption fee
- None
- Secondary venues
- Centrifuge Tinlake
- Transfer restrictions
- US Reg D accredited and institutional participants
These are contractual terms from the offering documents. Observed settlement performance and any discretionary accommodation by the manager are explicitly out of scope.
Assessment
Liquidity profile
Primary redemption
Quarterly · T+5
Off-hours exit
Constrained to 17:00 UTC
Secondary market
Centrifuge Tinlake
Transferability
Allow-listed wallets only
Exit fee
No redemption fee
Relationship graph
Operational dependency network
Every firm and system this product relies on. Select any of them to open its profile.
Every counterparty and system this product depends on to function. Each card links to that entity's own profile: the question worth asking of each is what happens to your position if it stops working.
Open in Ecosystem Graph →Issuance & legal
Who is legally on the hook for this product.Custody
Where the backing assets actually sit.Markets & settlement
Where it trades and how value moves between venues and chains.
Edges marked derived are inferred from a structured field on this product that carries its own source; they are not independent confirmation of it. Edges without that mark were sourced separately from a disclosure naming both parties.
Deployments
Registry
Networks and contracts
| Contract / asset id | |||
|---|---|---|---|
| EthereumPrimary | public l1 | 0xD8196c060D…3AAB9FD8 | 100.0% |
Counterparties
Service providers
If any of these has a problem, this product is affected.
- Custodian
- Centrifuge·
Berlin, Germany - Administrator
- Centrifuge· Berlin, Germany
- Transfer agent
- Not disclosed
- Tokenization platform
- Flowcarbon· New York, United States
- Oracle / attestation
- Not disclosed
Access
Classification
Who may hold this
RetailNot eligible
AccreditedEligible
ProfessionalNot eligible
InstitutionalEligible
- Minimum investment
- $25,000
- Allow-list required
- Yes
- Transfer restrictions
- US Reg D accredited and institutional participants
Geography
Where it is available
United StatesAvailable
European UnionNot available
SingaporeAvailable
United KingdomAvailable
SwitzerlandAvailable
Hong Kong SARNot available
United Arab EmiratesAvailableExplicit prohibitions
- −North Korea
- −Iran
- −Cuba
Availability is limited to the jurisdictions in the coverage boundary. Absence here means not covered, not necessarily prohibited. This is a classification of the offering documents, not legal advice.
Structure
Legal and regulatory
- Legal structure
- US Reg D / 3(c)(7) Fund
- Product structure
- SPV-Backed Security
- Fund domicile
- United States
- Issuer jurisdiction
- United States
- Transfer agent
- Not disclosed
The domicile of the fund and the jurisdiction of its manager are frequently different. Both are recorded separately because they drive different questions: tax and insolvency follow the domicile, supervision follows the manager.
Source documents
Offering documentation
The documents behind the figures on this page. Anything marked verified has been checked by an analyst.
Related intelligence
0 events reference this product
No tracked events reference this product yet.