Pharos Network integrates Fireblocks, RealFi asset access institutional-level custody workflow.

CN
34 minutes ago
The assets supported by Pharos will enter the existing custody environment of Fireblocks clients, allowing institutions to manage eligible assets under security policies, transaction controls, and approval processes.

Written by: Pharos Network

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Today, Pharos Network, a value discovery layer for the agent economy and real-world finance (RealFi), announced its integration with Fireblocks, with Fireblocks serving as its custody technology provider. Fireblocks is the platform relied upon by leading financial institutions globally to build on-chain financial businesses. Through this integration, the assets supported by Pharos will enter the existing custody environment of Fireblocks clients, allowing institutions to manage eligible assets under security policies, transaction controls, and approval processes. The two parties will also engage in joint marketing efforts around RWA ecological growth.

For institutions participating in the on-chain market, requirements for custody, private key security, transaction authorization, and governance must align with their existing operational models. Through the integration with Fireblocks, funds, asset management institutions, payment service providers, and exchanges currently using Fireblocks can hold, transfer, and manage Pharos-supported assets within their current workspaces and systems without the need to establish separate custody and key management infrastructure. This means that the security, compliance, and treasury teams of institutions can engage in the Pharos ecosystem using familiar operational processes. Configurable transaction strategies, including smart contract whitelists and multi-party approvals, help institutions apply their existing authorization and governance requirements to eligible transactions.

The first batch of RealFi assets supported by this integration has already been issued on the Pharos blockchain, including tokenized U.S. high-yield credit, such as Raffaello NYLIM HYB Vault (pRNH), NYLIM Anemoy Fund, Axil Prime Credit (APC) issued based on the R25 Protocol, and Pharos’s native token $PROS. As of today, the asset scale aggregated on the Pharos RWA platform has surpassed $241.64 million, reflecting the diversified development of real-world asset strategies and financial products within the ecosystem.

At the custody layer, Fireblocks provides multi-party computation (MPC)-based private key management and configurable transaction strategies, including contract whitelists and multi-party approvals. These control mechanisms constrain eligible transactions on Pharos based on the strategies and permissions configured by each institution. For institutions, the integration provides an additional pathway to access on-chain supported assets within their existing digital asset management environment.

For asset issuers and protocols on Pharos, this integration also establishes a connection with a mature institutional-level digital asset infrastructure platform, providing an additional access path for supported tokenized assets, making custody and transaction management closer to the workflows required for institutions to hold and manage assets. For the broader ecosystem, this includes credit strategies like APC on the R25 Protocol, connecting tokenized real-world assets with on-chain credit markets and institutional digital asset infrastructure.

This integration also lays the foundation for longer-term collaboration between the two parties. Pharos and Fireblocks plan to collaborate on market expansion activities supporting the continued growth of tokenized real-world assets, including joint marketing, participation in industry events, and targeted referrals to help issuers and protocols more effectively reach institutional audiences. These initiatives are expected to complement this technological integration and gradually contribute to further expansion of the ecosystem.

"Institutions do not connect to new networks by rebuilding a technology stack; they adopt it through the infrastructure they are already running," said Pharos co-founder and CEO Wish Wu. "Integrating Fireblocks brings Pharos into a mature institutional-level operational environment. Given the existing supported RealFi assets on the network, institutions now have a practical starting point to access and manage real-world value on-chain."

About Pharos Network

Pharos Network is a value discovery layer for the agent economy, making real-world value easier to discover, actionable, and economically participatory. As a high-performance Layer 1 aimed at RealFi, Pharos connects AI agents, institutions, developers, and users with real value assets through programmable identity, policy execution, and real-time settlement. Pharos is supported by leading global investors and ecosystem partners, allowing smart applications to discover, trade, and collaborate around real-world value through transparent rules and verifiable execution.

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