Pharos has partnered with GCL New Energy in a collaboration that aims to resolve the fragmentation that has come to characterize the real-world assets ecosystem.
Key Takeaways:
Pharos launched its Pacific Ocean Mainnet and $PROS token on May 1, 2026, following a massive 4.3B testnet. GCL New Energy and a $44M Series A propelled Pharos to a $1B valuation, signaling huge RWA market demand. Over 50 dApps and a $10M RealFi Alliance incubator will now scale institutional asset issuance on Pharos. From Testnet to ProductionPharos Network, which recently launched its Pacific Ocean mainnet and native PROS token, was bolstered by a strategic partnership with Hong Kong-listed GCL New Energy. The partnership with the energy giant reportedly propelled Pharos Network’s valuation to nearly $1 billion, signaling a massive institutional bet on the network’s RealFi infrastructure. To date, Pharos has secured $52 million in total funding, including a $44 million Series A led by a mix of traditional technology and finance investors.
The mainnet launch is supported by performance data from the past year, during which the Pharos testnet processed more than 4.3 billion transactions across 209 million wallets. This high-scale stress test demonstrates that the network is ready to handle the heavy throughput required for global financial applications.
While tokenized Treasuries and real estate have gained traction, institutional adoption has been hampered by a lack of privacy and fragmented distribution. Pharos aims to provide a privacy-preserving framework that allows institutions to maintain control over sensitive portfolio data while remaining compliant.
“Institutions entering the ecosystem was once just a theory. Now it is happening,” said Wish Wu, founder and CEO of the Pharos Foundation. “This launch turns that momentum into something the whole ecosystem can actually use.”
