Tokenize UL via API
Unilever plc as a 1:1-backed onchain ERC-20. Mint, redeem, and post as collateral with one API call. The onchain leg is instant for your users; the broker-exchange leg clears T+1 against the SPV.
What Flo supports for UL
Three primitives, one API key. ULflows through the same path as the rest of Flo's tokenized equities universe.
Mint UL →
Create tokenized UL from stablecoin payment. Onchain delivery is instant; the broker buys the underlying Unilever plc share at NYSE during market hours.
Redeem UL →
Burn tokenized UL and receive stablecoin. Flo sells the underlying Unilever plc share and settles the SPV — your user gets stablecoin instantly.
Borrow against UL →
Post tokenized UL as collateral and borrow USDC/USDT up to 70% LTV. Liquidations route through the same broker pipe.
Mint tokenized UL in one call
The same shape works for every ticker in the universe — swap the symbol and you're done.
// Mint tokenized UL (Unilever plc)
const mint = await flo.mints.create({
symbol: "UL",
quantity: "10",
chain: "base",
recipient: userWalletAddress,
});
// → 10 UL ERC-20 tokens delivered onchain instantly.
// Flo holds 10 Unilever plc shares at the broker-dealer, 1:1.Comparable assets via Flo
Other consumer staples and NYSE names supported by the same API.
Consumer Staples peers
UL on Flo — common questions
Can I tokenize UL via Flo?
Yes. UL (Unilever plc) is part of Flo's tokenized equities universe. A POST to /v1/mints with symbol=UL returns a tokenized UL ERC-20 1:1-backed by Unilever plc shares held at a SEC-registered broker-dealer (IB + Alpaca).
How is tokenized UL backed?
Each onchain UL token is backed 1:1 by a Unilever plc share held in a bankruptcy-remote SPV at Flo's prime brokers. Reserves are attested daily and published on /trust/proof-of-reserves.
What is the settlement window for UL?
NYSE settles T+1 in USD. The onchain leg is instant for your users — Flo's SPV absorbs the broker-exchange timing gap.
Can I borrow stablecoins against UL?
Yes. Tokenized UL is collateral-eligible in the Flo borrow product, with up to 70% LTV and a 6–9% borrow APR depending on tier. See /products/borrow for the parameters.
Which chains is UL deployed on?
Tokenized UL is deployable on Ethereum, Base, Arbitrum, Optimism, Polygon. Mint with the chain= parameter on the Mint API.
Ship tokenized UL to your users
Flo is recruiting 15 design partners with $5K–$10K integration credit. Get an API key and mint your first tokenized UL in minutes.