Theo has launched thGOLD, a yield-generating gold token that blends physical gold collateral with a yield mechanism, distinguishing it from traditional gold-tracking tokens. The token is based on a gold lending fund in which Mustafa Gold of Singapore participates, with Libera (backed by Standard Chartered) and FundBridge Capital as partners.
thGOLD will be listed on multiple DeFi platforms including Uniswap, Morpho, and Pendle. This listing marks the first time physical gold assets have achieved on-chain yield and collateral functionality.
Theo has launched thGOLD, a yield-generating gold token that blends physical gold collateral with a yield mechanism, setting it apart from traditional gold-tracking tokens. The product is anchored to a gold lending fund that includes Mustafa Gold of Singapore, with Libera (backed by Standard Chartered) and FundBridge Capital as partners. thGOLD is slated for listing on multiple DeFi platforms, including Uniswap, Morpho, and Pendle, marking a milestone where physical gold assets enable on-chain yield and collateral functionality. This approach fuses real-world gold with on-chain financial mechanisms, potentially expanding access to yield-bearing collateral within DeFi and highlighting the evolving role of physical assets in crypto markets.
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