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