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