Projects

Theo Short Duration US Treasury Fund thBILL

Tokenized fundsU.S. T-bills
IssuerTheo
Launch dateAug 1, 2025

Theo Short Duration US Treasury Fund (thBILL) is a tokenized fund share issued by Theo. Each token is partly backed by the reference asset or backed by other assets. The fund is open-ended and invests in U.S. money market instruments, government debt, and corporate credit. Its assets sit with Standard Chartered Bank and J.P. Morgan. Holders can mint and redeem directly with Theo in USDC and USDT after completing KYC, and have a right to redeem at net asset value with same- or next-business-day settlement. thBILL has been issued on Ethereum as an ERC-20 and ERC-4626 token since August 2025, with bridged versions on four more.