PANews reported on January 27th that Theo has launched an innovative gold token, thGOLD, which combines physical gold collateral with a yield mechanism, distinguishing it from traditional token products that only track gold prices. This product is based on a gold lending fund in which Singapore's Mustafa Gold participates, with partners including Libera (backed by Standard Chartered) and FundBridge Capital. thGOLD will be listed on multiple DeFi platforms such as Uniswap, Morpho, and Pendle, marking the first time that physical gold assets have achieved on-chain yield and collateral functionality.