thGOLD is a tokenized yield-bearing gold product. Instead of paying storage fees, thGOLD holders earn yield from gold-denominated loans to established retailers.
The Fund
thGOLD tracks the MG999 Onchain Gold Fund, a secured private credit fund operated by FundBridge Capital with Libeara's tokenization infrastructure (Standard Chartered subsidiary). The fund lends physical gold to established retailers — such as Mustafa Gold, one of Singapore's largest gold retailers — who use it as inventory and return the gold plus interest.
Risk protection: security over gold inventory + 20% first-loss buffer from the fund sponsor.
What It Enables
thGOLD turns gold from a cost center (0.1–0.5% annual storage/custody fees) into a yield-generating instrument. It also serves as the long leg of Theo's delta-neutral gold carry strategy powering thUSD.
Access
Institutional partners and accredited investors only. Whitelisting required. Contact the Theo sales team via "Get in Touch" on theo.xyz.