Tokenize DOW via API
Dow 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 custodian cycle (T+1).
What Flo supports for DOW
Three primitives, one API key. DOWflows through the same path as the rest of Flo's tokenized equities universe.
Mint DOW →
Create tokenized DOW from stablecoin payment. Onchain delivery is instant; the broker buys the underlying Dow Inc. share at NYSE during market hours.
Redeem DOW →
Burn tokenized DOW and receive stablecoin. Flo Finance sells the underlying Dow Inc. share at the institutional custodian; your user gets stablecoin instantly.
Borrow against DOW →
Post tokenized DOW as collateral and borrow USDC/USDT up to 70% LTV. Liquidations route through the same custody pipe.
Mint tokenized DOW in one call
The same shape works for every ticker in the universe, swap the symbol and you're done.
// Mint tokenized DOW (Dow Inc.) — notional-in default
const mint = await flo.mint({
asset: "DOW",
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).
// DOW ERC-20 tokens land via settle(order_id) once the custodian leg confirms.
// Flo Finance holds the underlying Dow Inc. shares at an institutional custodian, 1:1.Comparable assets via Flo
Other materials and NYSE names supported by the same API.
DOW on Flo, common questions
Can I tokenize DOW via Flo?
Yes. DOW (Dow Inc.) is part of Flo's tokenized equities universe. A POST to /v1/mint with asset=DOW and a notional_usdc amount returns a tokenized DOW ERC-20 1:1 backed by Dow Inc. shares held at an institutional custodian by Flo Finance.
How is tokenized DOW backed?
Each onchain DOW token is 1:1 backed by a real Dow Inc. 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 DOW?
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. NYSE settles T+1 in USD, so the custodian leg for DOW clears on that cycle.
Can I borrow stablecoins against DOW?
Yes. Tokenized DOW 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 DOW deployed on?
Tokenized DOW 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 DOW 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 DOW in minutes.