1/ Introducing thBILL: Theo’s institutional-grade, onchain money market fund built in partnership with Standard Chartered’s Libeara A thread breaking down thBILL’s mechanics and launch sequence as we begin rolling it out across ecosystems 🧵

2/ What is thBill? thBILL is a tokenized money market fund comprised of short duration U.S. treasuries, enabling holders to earn the risk-free rate onchain. At launch, thBILL is fully composable onchain, meaning it can be used in DEXs, lending markets, and more.

3/ How Can I Earn Yield from thBILL? thBILL reprices as yield accrues, so holders do not have to stake or lend to access the yield. Just swap for thBILL and begin earning instantly.

4/ How is thBILL Different? thBILL is one of the first RWAs to be completely composable onchain. At Theo, we believe in going beyond issuance—this means making sure our assets are designed to be fully useable onchain. To make this possible, we’ve implemented unique features like optimistic minting/redemption allowing thBILL to seamlessly integrate with existing ecosystems and protocols.

5/ Where can I Access thBILL? Everywhere, thanks to @LayerZero_Core. thBILL is issued on Ethereum and can be bridged easily to different ecosystems using LayerZero’s OFT standard.

6/ Launch Networks thBILL initially launches across four ecosystems: Ethereum, @HyperliquidX & HyperEVM, @Base, and @Arbitrum. In the weeks to come, we’ll announce integrations with protocols across these networks, allowing you to buy, bridge, and borrow against thBILL.

7/ Going Beyond Issuance thBILL is meant to work like a modern financial product—liquid, composable, and accessible. At Theo, we don't just tokenize assets. We provide the full-stack infrastructure they need to thrive. Read more:

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