Tokenize AZN via API
AstraZeneca plc 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 AZN
Three primitives, one API key. AZNflows through the same path as the rest of Flo's tokenized equities universe.
Mint AZN →
Create tokenized AZN from stablecoin payment. Onchain delivery is instant; the broker buys the underlying AstraZeneca plc share at NASDAQ during market hours.
Redeem AZN →
Burn tokenized AZN and receive stablecoin. Flo Finance sells the underlying AstraZeneca plc share at the institutional custodian; your user gets stablecoin instantly.
Borrow against AZN →
Post tokenized AZN as collateral and borrow USDC/USDT up to 70% LTV. Liquidations route through the same custody pipe.
Mint tokenized AZN in one call
The same shape works for every ticker in the universe, swap the symbol and you're done.
// Mint tokenized AZN (AstraZeneca plc) — notional-in default
const mint = await flo.mint({
asset: "AZN",
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).
// AZN ERC-20 tokens land via settle(order_id) once the custodian leg confirms.
// Flo Finance holds the underlying AstraZeneca plc shares at an institutional custodian, 1:1.Comparable assets via Flo
Other healthcare and NASDAQ names supported by the same API.
AZN on Flo, common questions
Can I tokenize AZN via Flo?
Yes. AZN (AstraZeneca plc) is part of Flo's tokenized equities universe. A POST to /v1/mint with asset=AZN and a notional_usdc amount returns a tokenized AZN ERC-20 1:1 backed by AstraZeneca plc shares held at an institutional custodian by Flo Finance.
How is tokenized AZN backed?
Each onchain AZN token is 1:1 backed by a real AstraZeneca plc 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 AZN?
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 AZN clears on that cycle.
Can I borrow stablecoins against AZN?
Yes. Tokenized AZN 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 AZN deployed on?
Tokenized AZN 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 AZN 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 AZN in minutes.