Tokenization platform Theo has launched a digital asset that combines exposure to gold prices with yield generation.
The product, called thGOLD, is designed to track prices set by the London Bullion Market Association while generating income through secured lending. It is expected to become available across major decentralized trading and lending platforms, including Hyperliquid, Uniswap, Morpho, and Pendle.
“Most tokenized gold today is just a wrapper. You’re paying fees to hold an asset that does nothing. We built thGOLD to actually work in DeFi: it earns yield, it trades on real venues, and you can use it as collateral. That’s what tokenization should deliver,” Theo Co-founder, Ari Pingle, said in a statement shared with AlexaBlockchain.
The article “Theo Launches Yield-Bearing Tokenized Gold Product Backed by Secured Lending” was first published on AlexaBlockchain. Read the complete article here: https://alexablockchain.com/theo-launches-yield-bearing-tokenized-gold-product/
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