Tokenize AMAT via API
Applied Materials as a 1:1-backed onchain ERC-20. Mint, redeem, and post as collateral with one SDK call. Mint and redeem are asynchronous via an on-chain order_id; the terminal action lands via settle(order_id) on the custodian cycle (T+1).
What Flo supports for AMAT
Three primitives, one API key. AMATflows through the same path as the rest of Flo's tokenized equities universe.
Mint AMAT →
Create tokenized AMAT from stablecoin payment. Onchain delivery is instant; the broker buys the underlying Applied Materials share at NASDAQ during market hours.
Redeem AMAT →
Burn tokenized AMAT and receive stablecoin. Flo Finance sells the underlying Applied Materials share at the institutional custodian; your user gets stablecoin instantly.
Borrow against AMAT →
Post tokenized AMAT as collateral and borrow USDC/USDT up to 70% LTV. Liquidations route through the same custody pipe.
Mint tokenized AMAT in one call
The same shape works for every ticker in the universe, swap the symbol and you're done.
// Mint tokenized AMAT (Applied Materials) — notional-in default
const mint = await flo.mint({
asset: "AMAT",
notional_usdc: "1000.00", // pay-in. SDK derives min_quantity from quote * (1 + slippage_bps).
slippage_bps: 50, // 0.50%. Default if omitted.
settlement: {
currency: "USDC", // per-chain accepted set in /v1/chains
chain: 8453, // Base. EIP-155 integer chain ID.
wallet: userWalletAddress,
},
gas: { sponsor: "developer" },
});
// mint.status is "active" with mint.order_id set on chain (or "queued" out-of-session).
// AMAT ERC-20 tokens land via settle(order_id) once the custodian leg confirms.
// Flo Finance holds the underlying Applied Materials shares at an institutional custodian, 1:1.Comparable assets via Flo
Other technology and NASDAQ names supported by the same API.
AMAT on Flo, common questions
Can I tokenize AMAT via Flo?
Yes. AMAT (Applied Materials) is part of Flo's tokenized equities universe. A POST to /v1/mint with asset=AMAT and a notional_usdc amount returns a tokenized AMAT ERC-20 1:1 backed by Applied Materials shares held at an institutional custodian by Flo Finance.
How is tokenized AMAT backed?
Each onchain AMAT token is 1:1 backed by a real Applied Materials share held at institutional custodians by Flo Finance. Reserves are attested daily and published on /transparency/proof-of-reserves.
What is the settlement window for AMAT?
Mint and redeem are asynchronous via an on-chain order_id. The create-order tx is atomic; the terminal action (live token mint or stablecoin payout) lands via settle(order_id) on the custodian cycle. NASDAQ settles T+1 in USD, so the custodian leg for AMAT clears on that cycle.
Can I borrow stablecoins against AMAT?
Yes. Tokenized AMAT is collateral-eligible in the Flo borrow product as a large-cap equity, with a three-margin model — initial 70% (max LTV at open), maintenance 75% (alerts begin via borrow.maintenance_breach), liquidation 78% (keepers auto-close on a 30-second TWAP, no grace window). APR is a floating rate set by the pool's utilization curve (kinks at 75% and 90%). See /docs#borrow-overview for the full state machine.
Which chains is AMAT deployed on?
Tokenized AMAT is deployable on Base, Arbitrum, Ethereum. Pass the EIP-155 integer chain ID on the settlement object (8453 for Base, 42161 for Arbitrum, 1 for Ethereum). String slugs are not accepted on input; see /docs#rest-chains.
Ship tokenized AMAT to your users
Mint, redeem, sandbox, and webhooks are free. No setup fee, no monthly minimum, no annual contract. Get an API key and mint your first tokenized AMAT in minutes.