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