Why Theo?

Onchain money has been growing exponentially, with stablecoin supply expanding from just a few billion dollars in 2019 to over $250 billion today.

This rapid growth reflects a clear trend: users and institutions are trusting onchain infrastructure and moving fiat currency into crypto at an accelerating pace. Despite this surge in capital, most onchain yield opportunities remain limited, volatile, or short-lived.

Many rely on token incentives, leverage, or speculative activity. While these strategies can offer high returns temporarily, they are often unsustainable and carry significant risk. Just take the performance of the ETH carry trade — a leading source of onchain returns — which is entirely driven by speculation:

As the market matures and incentive-driven yields decline, it’s becoming increasingly difficult to find stable, scalable sources of return onchain. Meanwhile, traditional financial markets offer trillions of dollars in yield-bearing assets such as U.S. Treasuries and investment-grade corporate bonds.

These assets are the cornerstone of institutional portfolios, offering consistent, regulated returns and deep global liquidity. Yet, for everyday users, access to these assets is still blocked by high minimums, geographic limitations, and complicated onboarding. The result is a system where institutions benefit from stable, regulated yields, while most individuals are left with limited options — either settling for near-zero interest or taking on outsized risk in volatile crypto markets.

Theo was built to close this gap. By bringing high-quality traditional financial products onchain, we make them accessible to anyone, anywhere — whether you're investing $100 or $10 million.