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