DeFi project Theo has announced the launch of thGOLD, a yield-bearing tokenized gold product. This initiative is in collaboration with Standard Chartered's tokenization platform, Libeara, offering exposure to spot gold prices along with collateralized lending returns. The product is based on FundBridge Capital's MG999 on-chain gold fund, which uses physical gold reserves as collateral to lend to retailers for interest income. thGOLD will be available on DeFi platforms such as Hyperliquid, Uniswap, Morpho, and Pendle, where it can be traded and used as collateral.