Pharos establishes RealFi Alliance to advance institutional RWA activity onchain

Pharos Network,  a financial Layer 1 blockchain, has announced the formation of the RealFi Alliance, a strategic initiative aimed at bringing greater standardization and coordination to institutional real-world asset (RWA) activity onchain, according to an announcement shared with Finbold on February 23. The alliance brings together asset issuers, financial infrastructure providers, and onchain builders to help move the RWA market beyond isolated pilot programs toward a more scalable and operational framework. The inaugural cohort includes Chainlink, Asseto Finance, Ember, Faroo, LayerZero, R25, Re7 Labs, TopNod, and Centrifuge. Coordinating infrastructure, liquidity, and compliance Pharos said the RealFi Alliance is structured to address challenges such as fragmented liquidity, inconsistent infrastructure standards, and regulatory silos source: https://finbold.com/pharos-establishes-realfi-alliance-to-advance-institutional-rwa-activity-onchain/