Theo Short Duration US Treasury Fund thBILLPrice $ 1.02

Theo Short Duration US Treasury Fund is a basket of institutional-grade tokenized U.S. Treasury bills sourced from regulated issuers. The Fund functions as a foundational, yield-bearing component within the Theo ecosystem, optimized for consistent performance across all market conditions.

At launch, thBILL solely comprises tULTRA, a wrapped representation of Standard Chartered Libeara's best-in-class tokenized Treasury bill, operated in collaboration with Wellington Management and FundBridge. As additional U.S. Treasury bills tokens are issued by regulated institutions, they will be added to the thBill basket — expanding its diversification and making it the most robust onchain gateway to T-bill exposure.

• thBILL utilizes Theo's iToken standard, which enforces the composition of the basket.

• It can only be minted and redeemed by users who have passed KYC. Minting and redemption takes up to 4 business days.

• Participants have no claims over underlying assets. Upon redemption, the equivalent value of the redeemed thBILL is returned in USDC.