(Hong Kong, April 28, 2026) Pharos Network, a Layer 1 public blockchain focused on real-world finance, today officially announced the launch of its "Pacific Ocean" Mainnet and native token $PROS, marking the project’s entry into the production phase after raising a total of $52 million in funding, with a valuation nearing $1 billion. Pharos aims to address key challenges in real-world asset tokenization, such as fragmented distribution and lack of institutional-grade infrastructure, through a compliance-friendly architecture.

Previously, Pharos's public test network processed nearly 4.3 billion transactions within a year, covering over 200 million wallet addresses, effectively validating the early market demand and production-grade maturity of the network.

To date, Pharos has completed a total funding of $52 million, including a $44 million Series A funding led by multiple institutions from traditional technology, finance, and the crypto fields. Additionally, the Hong Kong-listed energy company, Xinyuan Energy (HKEX Code: 0451), has also engaged in strategic capital cooperation, driving the company’s valuation close to $1 billion.

Currently, the tokenization of real-world assets, represented by U.S. Treasury bonds, is advancing rapidly, but large-scale deployment still faces two major obstacles: on one hand, asset distribution channels are highly fragmented, making it difficult for capital to flow efficiently between different platforms; on the other hand, institutional investors have higher demands for the controllability of compliance management, trading, and portfolio data, while the market has long lacked infrastructure that meets such needs.

In response, Pharos has created a compliance-first, privacy-friendly infrastructure that enables real-world assets to smoothly connect to various on-chain markets, allowing institutions and users to interact with tokenized assets under a unified framework while retaining full control over data sharing. Once connected, users can more seamlessly exchange, lend, trade, and settle real-world assets across different applications, thereby reducing friction, improving asset distribution efficiency, and achieving efficient liquidity operation among various financial applications. Projects developed based on Pharos can be directly deployed within this ecosystem, gaining immediate access to core capabilities such as shared liquidity, interoperable infrastructure, and compliance stablecoin integration.

This launch comes at a critical juncture as the tokenization of real-world assets is evolving toward a scale of trillions of dollars. As institutional participation continues to rise, the market’s demand for infrastructure capable of supporting large-scale, high-efficiency on-chain financial activities is increasingly urgent. Pharos positions itself as the infrastructure for "RealFi" (real-world finance), dedicated to providing underlying support for the implementation of real-world financial activities on-chain.

At the ecosystem access level, Pharos has integrated with the OKX wallet and the self-custody wallet TopNod, allowing millions of existing users to participate conveniently without re-registration. Meanwhile, the Pharos mainnet will integrate USDC and the Cross-Chain Transfer Protocol (CCTP) to provide reliable guarantees for compliant liquidity flow.

In terms of ecosystem construction, Pharos has launched "Native to Pharos," a global incubator project with a total scale of $10 million, bringing together a growing number of partners in real-world asset applications. It is expected that there will be over 50 ecological dApps deployed simultaneously at the launch of the mainnet, covering diverse areas such as asset issuance, trading, and financial services.

Before the mainnet launch, Pharos demonstrated early capital aggregation capabilities through its high-yield RWA vault: the initial phase raised over $15 million in pre-staking, with a total quota of $50 million fully subscribed within days. With this foundation, Pharos has maintained an active application ecosystem and substantial on-chain liquidity from the day of its launch.

Wish Wu, Co-founder and CEO of Pharos, stated: “Institutional entry was once just a concept, and now it has become a reality. This mainnet launch transforms this momentum into an ability that the entire ecosystem can genuinely leverage.”

About Pharos Network

Pharos is an inclusive Layer 1 network aimed at RealFi (real-world finance), dedicated to enabling real value and institutional-grade assets to circulate freely on-chain, while achieving deep composability with decentralized assets to collectively establish a new generation of financial infrastructure for global users. Pharos integrates a modular architecture, deep parallel execution engine, and native compliance capabilities to empower real-time financial activities on-chain. The project was developed by former core management and engineering teams from Ant Group, with investors including Hack VC, Faction VC, and various global traditional financial institutions.

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