🔥 Personally, I think Theo will become the main character of RWA big things: Ready to go all in.
After ONDO and PLUME, the fundamental RWA hasn't come out yet, but I feel like @Theo_Network will take that spot by rebranding as RWA on the yield platform. As I learned from talking to the founders I met during the last BUIDL, all the founders are from Wall Street MM, so they actually have a lot of connections in the RWA space, making it easier to set up the fundamentals. Plus, there are many diverse elements, so it feels like it will do well in a complex way.
1️⃣ Not just any RWA, but genuine RWA.
It's not something that awkwardly pops up in the secondary market; they are collaborating with Standard Chartered's token issuance platform (Libera) to issue ThBILL. This eliminates risks from unclear sources and is much better in terms of security, and among RWAs, it seems to be the most reliable in terms of the assets handled.
2️⃣ It seems like it can escape the HypeEVM meta.
Originally, Theo was involved in the hyperliquid event during Buidl Asia, and with Hypurrco's @NarwhalTan joining Theo, it has added another layer of hype liquid concentration. Personally, I think HypeEVM is hot, but it was disappointing that there were no legit projects, and I believe Theo can fill that gap.
3️⃣ Short timeline.
This is unofficial, but when I had a coffee chat with the founder in Korea, they mentioned they didn't plan to drag out the time until the mainnet for too long. They said they would accelerate with new products, and then went silent for a while... but it seems they were busy with rebranding? Seeing them slowly distributing OG NFTs and working on things, it feels like they are about to start their activities in earnest.
Additionally, they have a history of receiving a $20M investment from HackVC, so the project itself is of medium to large scale.
There are various projects, but personally, when the Theo RWA rebranding pool opens, I plan to go all in on Theo through HypeEVM with the stablecoins borrowed against Bitcoin.
Summary: So when is the new product coming out? Let me farm it!!
1/ Theo is partnering with Standard Chartered's Libeara to launch thBILL, an institutional-grade money market fund built for on-chain ecosystems.
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