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