Thrilled to announce the $44M Series A to scale the onchain economy ⚓
Backed by Sumitomo Corporation's CVC arm, @snzholding, @chainlink, @FlowTraders, and some of the undisclosed giants in global finance 🏛️
Pharos is building the financial-grade infrastructure to bridge TradFi and DeFi at a global scale 🌐
announcement:
pharos is being valued at close to $1B in the current market
i want to clarify this a bit
normally when a crypto project raises funding:
- VCs / investors send the money upfront
- the project then unlocks tokens to them over time
but the deal structure with GCL New Energy is a bit different
it’s closer to performance-based funding, specifically:
- during the first 3 months after listing, and during each following 3-month period
- the average diluted FDV of pharos needs to stay around ~$760M or higher
only if that condition is met will GCL New Energy proceed with transferring the investment for the corresponding tranche
in simple terms: strong market performance → funding continues
capital is deployed progressively as the market continues validating pharos
and what’s really interesting is that a major TradFi player like GCL New Energy is willing to structure the deal this way
that alone says a lot
it signals serious confidence in the RealFi + RWA thesis that pharos is building
especially with the broader vision of bringing renewable energy assets fully on-chain
at the same time, the RealFi Alliance has recently been announced, with participants such as @Anchorage, @Alchemy, @Dune, @AquaFluxPro and others
pharos is clearly positioning itself differently from a typical L1, it’s aiming to become a bridge between traditional financial infrastructure (TradFi) and on-chain finance
it’s aiming to become a bridge between traditional financial infrastructure (TradFi) and on-chain finance
this also means that institutional capital can continue flowing in over time as the market increasingly recognizes the value and strength of pharos
in addition, the AtlanticOcean testnet is still heavily incentivized, fueling rapid growth and participation across the ecosystem
the tide is starting to rise, sailors! 🌊
can Pharos do something?
meanwhile Pharos is out here:
- $1B strategic investment from GCL New Energy
- $10M+ RealFi incubator supporting builders
- non-stop IRL hackathons and builder events all over the world
- weekly founder calls with the RealFi Alliance
- frequent ecosystem launches
- daily builder updates
- constant testnet upgrades on the road to Mainnet
I don’t think there’s any blockchain doing more for RealFi right now than Pharos 🌊.
⚙️ The foundational development layer for building and scaling on Pharos, @Alchemy provides enterprise-grade RPC services plus a comprehensive suite of developer tools, eliminating node management complexity for ecosystem projects.
#PharosRealFiAlliance
Love seeing the community unpack the vision this way 🌊
The real work is making each layer resilient enough for real-world pressure
That’s where RealFi moves to infrastructure ⚓
🔗 Cross-chain security is non-negotiable for RWAs. @Chainlink joins the RealFi Alliance as Pharos’s canonical cross-chain infrastructure, providing secure messaging, asset transfers, and data integrity for tokenized real-world assets. Institutional-grade security for scalable RealFi markets.
#PharosRealFiAlliance
🎙️ New Podcast Alert: Deep dive into the future of Web3 infrastructure with @wishlonger, Co-Founder & CEO of Pharos
Key Highlights:
🇭🇰 Why HK is regaining its crypto momentum
⚡ The engineering behind Pharos’ TPS
🔋 Tokenizing RWA: from new energy to institutional funds
⚓ The 5-year vision & the new Pharos incubator program
🎧 Listen now: https://t.co/wjrYoftuzy
⚓️ 𝐆𝐥𝐨𝐬𝐬𝐚𝐫𝐲 𝐓𝐢𝐦𝐞: Asset-Backed Yield
Not all yield in crypto comes from tokens. Some of it comes from real assets generating cashflow: US treasuries; money market funds; private credit etc
Asset-backed yield comes from underlying economic activity
Real yield starts in the real economy ⚓
Not all chains are equal. Markets are differentiating:
- Institutional (Pharos/Onyx): Zero-error, G-SIB grade risk control for RWA & Settlements.
- High-Flexibility (Solana/Base): High-performance for DeFi, NFTs, and Retail.
- Strategic Fusion (AntChain/OKX): International compliance corridors.
Pharos is partnering with GCL New Energy (HKEX: 0451) through a strategic investment at a valuation nearing $1B.
https://t.co/PGjVq86lRB
Together, we will explore how blockchain infrastructure can power the next generation of energy asset tokenization, decentralized energy markets, and RealFi applications.