Pharos Launches Pacific Ocean Mainnet to Expand RWA Distribution and Reduce Liquidity Fragmentation
Hong Kong, Hong Kong, April 28th, 2026, Chainwire
Pharos today announced the launch of its Pacific Ocean Mainnet and $PROS token, bringing its network for real-world financial applications fully live.
The launch follows a high-scale testnet that processed more than 4.3 billion transactions across 209 million wallets in less than a year, demonstrating strong early demand and readiness for production use.
The network is designed to address two key barriers that have limited the practical use of tokenised real-world assets: fragmented distribution across onchain markets, and the lack of infrastructure that meets institutional requirements for compliance and privacy.
Pharos has raised $52M to date, including a $44 million Series A round led by a mix of traditional technology, finance, and crypto investors. An additional strategic partnership from Hong Kong-listed energy company GCL New Energy (HKEX: 0451) values the company at nearly $1 billion.
Tokenized real-world assets such as Treasuries and real estate have expanded rapidly but remain difficult to access and deploy at scale. Distribution is often fragmented, limiting how capital can move between platforms, while institutions require greater control over compliance and how transactions and portfolio data are managed.
Pharos addresses these challenges by providing infrastructure designed for compliant, privacy-preserving access to real-world assets across onchain markets. The network enables institutions and users to interact with tokenized assets within a consistent framework, while maintaining control over how data is shared.
Once onboarded, participants can move, lend, trade, and settle real-world assets more seamlessly across applications, without operational barriers, improving distribution and allowing liquidity to flow more efficiently across financial applications.
Projects building on Pharos can deploy directly into this environment, gaining access to shared liquidity, interoperable infrastructure, and regulated stablecoin integrations.
The launch comes as the real-world asset tokenization sector expands toward a projected multi-trillion-dollar opportunity, with growing institutional participation increasing demand for infrastructure that can support scalable and efficient onchain financial activity.
Pharos positions itself as infrastructure for ‘RealFi,’ supporting real-world financial activity onchain. The network includes OKX Wallet and Topnod Wallet, enabling access for millions of existing users to participate without requiring new onboarding, as well as USDC and CCTP integration for regulated liquidity flows.
Additional ecosystem components include the RealFi Alliance, a $10 million Hong Kong-based global incubator program, alongside a growing network of real-world asset applications building on Pharos. More than 50 ecosystem dApps are expected to deploy at launch, spanning asset issuance, trading, and financial services.
Ahead of mainnet, Pharos demonstrated early capital formation through its pAlpha High Yield RWA Vault, with over $15 million committed in initial phases and the full $50 million capacity reached within days.
As a result, Pharos launches with both active applications and meaningful onchain liquidity from day one.
“Institutions entering the ecosystem was once just a theory. Now it is happening, and this launch turns that momentum into something the whole ecosystem can actually use,” said the Pharos Foundation founder and CEO Wish Wu.
About Pharos Labs
Pharos is the inclusive financial Layer 1 for RealFi, where real value and institutional-grade assets circulate onchain and are composable with decentralized assets, becoming the new infrastructure of global finance for all.
Pharos combines modular architecture, deep-parallel execution, and built-in compliance to power real-time finance onchain.
Built by the leadership and engineers from Ant Group, the project is backed by Hack VC, Faction VC, and other global TradFi investors.