Tokenize AMGN via API
Amgen Inc. 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 broker-dealer cycle (T+1).
What Flo supports for AMGN
Three primitives, one API key. AMGNflows through the same path as the rest of Flo's tokenized equities universe.
Mint AMGN →
Create tokenized AMGN from stablecoin payment. Onchain delivery is instant; the broker buys the underlying Amgen Inc. share at NASDAQ during market hours.
Redeem AMGN →
Burn tokenized AMGN and receive stablecoin. Flo Capital SPC sells the underlying Amgen Inc. share at the broker-dealer; your user gets stablecoin instantly.
Borrow against AMGN →
Post tokenized AMGN as collateral and borrow USDC/USDT up to 70% LTV. Liquidations route through the same broker pipe.
Mint tokenized AMGN in one call
The same shape works for every ticker in the universe, swap the symbol and you're done.
// Mint tokenized AMGN (Amgen Inc.) — notional-in default
const mint = await flo.mint({
asset: "AMGN",
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).
// AMGN ERC-20 tokens land via settle(order_id) once the broker leg confirms.
// Flo Capital SPC holds the underlying Amgen Inc. shares at the broker-dealer, 1:1.Comparable assets via Flo
Other healthcare and NASDAQ names supported by the same API.
AMGN on Flo, common questions
Can I tokenize AMGN via Flo?
Yes. AMGN (Amgen Inc.) is part of Flo's tokenized equities universe. A POST to /v1/mint with asset=AMGN and a notional_usdc amount returns a tokenized AMGN ERC-20 1:1-backed by Amgen Inc. shares held at a SEC-registered broker-dealer (IB + Alpaca).
How is tokenized AMGN backed?
Each onchain AMGN token is backed 1:1 by a Amgen Inc. share held by Flo Capital SPC (Cayman), a bankruptcy-remote Segregated Portfolio Company, in segregated brokerage accounts at Flo's SEC-registered broker-dealers. Reserves are attested daily and published on /transparency/proof-of-reserves.
What is the settlement window for AMGN?
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 broker-dealer cycle. NASDAQ settles T+1 in USD, so the broker leg for AMGN clears on that cycle.
Can I borrow stablecoins against AMGN?
Yes. Tokenized AMGN 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 AMGN deployed on?
Tokenized AMGN 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 AMGN 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 AMGN in minutes.