Pharos Network
Pharos Network launches Axil Prime Credit Vault, opening institutional-grade private credit strategies to on-chain depositors, achieving 14.3% APY with real credit cash flows.
The vault will officially open to the public on July 15, with a total fundraising cap of 100 million USDC. Following the "deposit early, enjoy more" principle, depositors who participate earlier will accumulate more yield days before the lock-up period officially begins, standing to gain higher overall returns.
Pharos Network Incubator Invests in Faroo at Tens of Millions of USD Valuation, Launches RWA Hybrid Vault Developed by Faroo
Pharos Network announces Faroo, the first incubated project of its Pharos Incubation Program since launch.
Pharos Network Opens AI Model Payment Channel; $PROS and USDC Gain New Platform Payment Use Cases
Pharos Network announced today that the PROS token and USDC will serve as the exclusive cryptocurrency payment methods on a new Model-as-a-Service (MaaS) platform.
KUN and Pharos Network Enter Strategic Partnership to Jointly Advance RealFi, RWA, and Cross-Border Payment Infrastructure Innovation
Pharos Network, a Layer 1 infrastructure built for RealFi, and KUN, a trusted industry expert in digital payments, have officially signed a Memorandum of Understanding (MoU) to establish a strategic partnership.
Pharos Successfully Listed on Coinbase and Completed the First Share Swap Settlement with GCL New Energy (451.HK), a Subsidiary of GCL Group, to Jointly Establish a New Paradigm Integrating Web3, New Energy, and Computing
Pharos’s native token, PROS, was listed for trading on April 28. Within the first hour of listing, its market capitalization exceeded the strategic investment valuation benchmark set by GCL New Energy, and the initial closing conditions under the two parties’ “token-for-equity” cooperation framework were largely fulfilled—marking a substantive step toward deep integration between Web2 real-world industries and Web3 technologies.
Pharos Network Mainnet “Pacific Ocean” Officially Launches, Solving the Fragmentation Problem Between RWA Distribution and Liquidity
Pharos Network has officially launched its Layer 1 public blockchain for the RWA (Real-World Assets) sector. The project has raised a total of $52 million in funding, with a valuation nearing $1 billion. Its testnet has processed nearly 4.3 billion transactions, and over 50 dApps have been deployed on the mainnet at launch. Pharos is committed to providing a compliant, blockchain-based infrastructure for institutional-grade tokenization of real-world assets.
Pharos Network Launches Exclusive “Stake Before the Stake” Campaign on OKX Wallet, Offering Up to 16% APY to Support Mainnet Launch
Pharos Network has partnered with OKX Wallet to launch a pre-staking incentive campaign, enabling users to stake USDC on Ethereum and earn up to 16% APY, while also gaining eligibility for future airdrops—building momentum ahead of the mainnet launch.
Pharos Network Completes $44 Million Series A Funding Round, Bringing Total Funding to $52 Million to Accelerate Scalable Onchain Economic Development
Pharos Network has completed a $44 million Series A funding round, bringing its total funding to $52 million. The newly raised capital will be used to accelerate the large-scale implementation of on-chain economies.
Pharos Network, a finance-focused public blockchain, has announced its collaboration with Circle to deploy USDC and the Cross-Chain Transfer Protocol (CCTP) on its mainnet, further building an inclusive global RealFi settlement layer.
Pharos Network announced a strategic partnership with Circle, under which USDC and the Cross-Chain Transfer Protocol (CCTP) will be officially deployed on its mainnet. This integration brings institutional-grade USD settlement capabilities to Pharos’s RealFi ecosystem and establishes native cross-chain connectivity with over 20 major blockchains.
Pharos Secures GCL New Energy’s Investment Subscription at Nearly $1 Billion Valuation, Driving Deep Collaboration Between Web3 Infrastructure and the Energy Industry
Looking ahead, Pharos will empower developers worldwide with its high-performance, EVM-compatible parallel underlying architecture (testnet TPS exceeding 20,000, sub-second transaction confirmation), jointly unlocking the multi-trillion-dollar financial market driven by RWAs and defining a new standard of productivity for the digital economy era.
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