TechFlow News, February 23: Pharos Network announced the official launch of the RealFi Alliance—a strategic ecosystem initiative designed to unify institutional asset issuers, financial infrastructure providers, and on-chain developers—with the goal of advancing the real-world assets (RWA) market from fragmented pilots toward a standardized, scalable on-chain execution framework. Founding members include Chainlink, Asseto Finance, Ember, Faroo, LayerZero, R25, Re7 Labs, TopNod, and Centrifuge.
The RealFi Alliance operates around four core pillars: asset enablement; infrastructure and regulatory alignment; liquidity and application design; and market transparency and risk benchmarking—aimed at addressing systemic challenges currently facing on-chain finance, including fragmented liquidity, inconsistent infrastructure standards, and regulatory barriers. Notably, the collaboration between Ember and Re7 Labs integrates institutional-grade risk management and treasury strategies directly into asset lifecycle management.
Wish Wu, Co-Founder and CEO of Pharos Network, stated that the core challenge facing on-chain finance today is not a lack of assets, but rather the absence of a unified environment enabling assets to operate effectively at scale—the RealFi Alliance was created precisely to address this gap. The formation of this alliance will provide the upcoming Pharos mainnet with a comprehensive foundation for liquidity and regulatory compliance. Moving forward, alliance membership will expand in phases, with new members selected based on criteria including asset quality, technical maturity, and ecosystem synergy.
Pharos Network was founded by core team members from Ant Group and has received investment from institutions including Hack VC and Faction VC.
