thBILL
thBILL is a basket of institutional-grade tokenized U.S. Treasury bills sourced from regulated issuers. thBILL functions as a foundational, yield-bearing component within the Theo ecosystem, optimized for consistent performance across all market conditions.
Composition
At launch, thBILL solely comprises tULTRA, a wrapped representation of Standard Chartered Libeara's best-in-class tokenized Treasury bill, operated in collaboration with Wellington Management and FundBridge.
tULTRAAs additional U.S. Treasury bills tokens are issued by regulated institutions, they will be added to the thBill basket — expanding its diversification and making it the most robust onchain gateway to T-bill exposure.
Design
thBILL utilizes Theo's iToken standard, which enforces the composition of the basket.
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