Pharos Network launches RealFi Alliance to unify real-world asset markets

Pharos Network, a blockchain infrastructure project founded by former Ant Group engineers, has launched the RealFi Alliance, a consortium dedicated to establishing unified standards for tokenized real-world assets (RWA). The initiative includes nine founding members such as Chainlink, LayerZero, and Centrifuge, aiming to overcome fragmentation, inconsistent infrastructure, and regulatory silos hindering institutional adoption in the tokenization sector. The Alliance's core mission is to transition the RWA market from isolated pilots to a standardized, scalable framework ready for institutions. Pharos Network co-founder Wish Wu stated the challenge is the lack of a unified environment for assets to function at scale. The Alliance will employ a four-part strategy focusing on asset enablement, infrastructure/compliance, liquidity/utility, and transparency. Key contributions include Chainlink's oracle services and LayerZero's cross-chain messaging, while Ember and Re7 Labs will focus on integrated risk management tools. Pharos plans to launch its mainnet as a compliant financial environment, with plans to admit more members based on asset quality and technical readiness.

(Source：Crypto Briefing)