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