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Pharos has partnered with GCL New Energy successful a collaboration that aims to resoluteness the fragmentation that has travel to qualify the real-world assets ecosystem.
Key Takeaways:
- Pharos launched its Pacific Ocean Mainnet and $PROS token connected May 1, 2026, pursuing a monolithic 4.3B testnet.
- GCL New Energy and a $44M Series A propelled Pharos to a $1B valuation, signaling immense RWA marketplace demand.
- Over 50 dApps and a $10M RealFi Alliance incubator volition present standard organization plus issuance connected Pharos.
From Testnet to Production
Pharos Network, which precocious launched its Pacific Ocean mainnet and autochthonal PROS token, was bolstered by a strategical concern with Hong Kong-listed GCL New Energy. The concern with the vigor elephantine reportedly propelled Pharos Network’s valuation to astir $1 billion, signaling a monolithic organization stake connected the network’s RealFi infrastructure. To date, Pharos has secured $52 cardinal successful full funding, including a $44 cardinal Series A led by a premix of accepted exertion and concern investors.
The mainnet motorboat is supported by show information from the past year, during which the Pharos testnet processed much than 4.3 cardinal transactions crossed 209 cardinal wallets. This high-scale accent trial demonstrates that the web is acceptable to grip the dense throughput required for planetary fiscal applications.
By integrating with GCL New Energy and different organization partners, Pharos aims to lick the captious “last mile” of tokenization: moving real-world assets ( RWAs) from fragmented, isolated silos into a unified, compliant, and liquid on-chain market.
While tokenized Treasuries and existent property person gained traction, organization adoption has been hampered by a deficiency of privateness and fragmented distribution. Pharos aims to supply a privacy-preserving model that allows institutions to support power implicit delicate portfolio information portion remaining compliant.
Once onboarded, participants tin move, lend, and commercialized assets crossed the ecosystem without the operational friction that typically traps capital. The network’s pAlpha High Yield RWA Vault reached its afloat $50 cardinal capableness wrong days of opening, proving superior is acceptable to determination into the Pharos environment.
Through integrations with OKX Wallet and Topnod Wallet, existing crypto users tin entree the network. Furthermore, native enactment for USDC and Circle’s CCTP ensures that regulated liquidity tin travel into the web without bottlenecking.
“Institutions entering the ecosystem was erstwhile conscionable a theory. Now it is happening,” said Wish Wu, laminitis and CEO of the Pharos Foundation. “This motorboat turns that momentum into thing the full ecosystem tin really use.”
To enactment growth, Pharos has established the RealFi Alliance, a $10 cardinal Hong Kong-based incubator. More than 50 decentralized applications, oregon dApps, are expected to deploy astatine launch, spanning plus issuance, trading, and fiscal services.
As the RWA sector prepares for a projected multi-trillion-dollar expansion, Pharos—backed by the concern mightiness of GCL New Energy and a $1 cardinal valuation—positions itself arsenic the definitive infrastructure for the aboriginal of on-chain planetary finance.
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