Pharos Network announces the establishment of the RealFi Alliance, partnering with nine organizations to promote on-chain RWA standardization implementation.

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Deep Tide TechFlow News, February 23 — Pharos Network announced the official establishment of the RealFi Alliance. This strategic ecosystem initiative aims to unify institutional asset issuers, financial infrastructure providers, and on-chain developers. Its goal is to promote the real-world asset (RWA) market from scattered pilots to a standardized, scalable on-chain execution framework. The initial members include Chainlink, Asseto Finance, Ember, Faroo, LayerZero, R25, Re7 Labs, TopNod, and Centrifuge.

The RealFi Alliance operates around four core pillars: asset empowerment, infrastructure and compliance alignment, liquidity and application design, and market transparency and risk benchmarking. It aims to address systemic issues such as liquidity fragmentation, inconsistent infrastructure standards, and regulatory barriers faced by current on-chain finance. Notably, the collaboration between Ember and Re7 Labs will directly integrate institutional risk management and treasury strategies into asset lifecycle management.

Wish Wu, co-founder and CEO of Pharos Network, stated that the core challenge facing on-chain finance is not asset scarcity but the lack of a unified environment that enables assets to operate effectively at scale. The RealFi Alliance was created to fill this gap. The establishment of the alliance will provide comprehensive liquidity and compliance infrastructure for the upcoming Pharos mainnet. In the future, alliance members will expand in batches, with selection criteria including asset quality, technological maturity, and ecosystem synergy.

Pharos Network was founded by core team members of Ant Group and has received investments from Hack VC, Faction VC, and other institutions.

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