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