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