Theo
ClaimTheo is a financial technology company that tokenizes real-world assets, primarily gold and U.S. Treasury bills, to make them tradable and accessible on blockchain infrastructure.
Key numbers · TVL $134M · per DefiLlama · updated Sep 23
Overview
Theo issues onchain financial products including thUSD, a yield-bearing stablecoin backed by a delta-hedged gold carry trade, and thBILL, a basket of tokenized U.S. Treasury bills from regulated issuers. Theo also leases physical gold to gold retailers, dealers, and jewelers, who repay in ounces rather than dollars. The products are aimed at both individual investors seeking yield and businesses seeking inventory financing.
Recent activity
thBILL is backed by 2 AAA-rated funds, affirmed by S&P Global & Moody's
3 more from this post
Leases physical gold to retailers, dealers, and jewelers to finance inventory while keeping capital free.
thUSD offers 5.4% APY based on $100k investment over 1 year as of Sep 20 2026
Offers thUSD, a yield-bearing stablecoin generating returns via a delta-hedged gold carry trade
Raised $20 million to connect onchain capital to global financial markets.
Theo hires Wall Street veteran Iggy Ioppe as Chief Investment Officer
4 more from this post
Theo announces the thUSD Points Program
Theo launches StableEarn, institutional yield for USDT depositors on Stable
Theo adds Fidelity International's FILQ to thBILL, powered by Chainlink Data Standard
Theo introduces thSLVR, a new silver product
