Pharos Network, a programmable Layer 1 blockchain focused on open finance, has revealed its integration of Chainlink's Cross-Chain Interoperability Protocol (CCIP) and Data Streams to establish a robust framework for tokenized real-world assets (RWAs), as outlined in
Through this partnership, Chainlink’s CCIP delivers layered security using decentralized oracle networks (DONs), ensuring dependable cross-chain token movement via the Cross-Chain Token (CCT) standard. This standard allows tokens to be transferred across chains within minutes and avoids vendor lock-in, according to
Pharos, established by former blockchain executives from AntChain and Ant Financial, aims to serve as a link between traditional finance (TradFi), DeFi, and tokenized RWAs. By offering institutional-grade RWA solutions to retail investors, the platform seeks to accelerate the mainstream adoption of tokenized assets and facilitate entry into DeFi, as noted in
Johann Eid, Chief Business Officer at Chainlink Labs, highlighted the importance of this collaboration, noting that Pharos’ use of CCIP and Data Streams represents a major advancement in building “secure, high-performance cross-chain applications” for institutional RWA tokenization. Wish Wu, Pharos CEO and co-founder, remarked that Chainlink’s standard is “critical tokenization infrastructure,” enabling the platform to fulfill enterprise demands for security and performance from the outset.
Supported by investors such as Hack VC and Faction VC, Pharos Network is engineered to connect RWAs, traditional finance, and cross-chain liquidity within a programmable ecosystem. Its emphasis on sustainable finance, digital payments, and programmable asset ownership reflects broader trends in blockchain adoption for institutional applications. Chainlink, recognized as the leading oracle solution, has secured trillions in on-chain transaction value and is trusted by major organizations including Swift, Mastercard, and UBS.
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