According to a recent LinkedIn post from Theo, the company is working with Zodia Markets as an execution partner for its tokenized Treasury product, thBILL. The post highlights that Zodia Markets, backed by Standard Chartered, is expected to enhance execution efficiency for institutional users.
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The LinkedIn post indicates that thBILL now supports both USDT and USDC, widening potential access by tapping capital held in the largest stablecoin by market cap. The post further suggests that this broader stablecoin support may make the product more relevant for a larger segment of digital asset market participants.
According to the post, routing transactions through Zodia Markets is expected to reduce execution costs by about 30–50 percent, which could improve net returns for institutions operating at scale. If realized, such cost savings may strengthen thBILL’s competitiveness versus other tokenized Treasury offerings.
The post also notes that Libeara, Standard Chartered’s digital asset tokenization platform, continues to provide the issuance and tokenization layer for thBILL. This linkage to established financial infrastructure may help address institutional concerns around operational risk and regulatory oversight in digital asset markets.
For investors, the developments described in the post suggest Theo is focused on removing frictions that have limited institutional adoption of tokenized Treasuries. If the partnership successfully boosts volumes and reduces costs as indicated, it could support revenue growth and reinforce Theo’s positioning in the institutional digital asset and tokenized securities segment.