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.

tULTRA

As 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.

Minting and Redemption

thBILL can only be minted and redeemed by users who have passed KYC. If you are an institution or market maker interested in directly minting thBILL, please reach out to our team.