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