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Pharos Hits $1B Valuation on Mainnet Launch

May 2, 2026
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Key Takeaways:

Pharos launched its Pacific Ocean Mainnet and $PROS token on Might 1, 2026, following a large 4.3B testnet. GCL New Power and a $44M Sequence A propelled Pharos to a $1B valuation, signaling large RWA market demand. Over 50 dApps and a $10M RealFi Alliance incubator will now scale institutional asset issuance on Pharos.

From Testnet to Manufacturing

Pharos Community, which not too long ago launched its Pacific Ocean mainnet and native PROS token, was bolstered by a strategic partnership with Hong Kong-listed GCL New Power. The partnership with the vitality large reportedly propelled Pharos Community’s valuation to almost $1 billion, signaling a large institutional wager on the community’s RealFi infrastructure. So far, Pharos has secured $52 million in whole funding, together with a $44 million Sequence A led by a mixture of conventional know-how and finance traders.

The mainnet launch is supported by efficiency knowledge from the previous yr, throughout which the Pharos testnet processed greater than 4.3 billion transactions throughout 209 million wallets. This high-scale stress check demonstrates that the community is able to deal with the heavy throughput required for international monetary purposes.

By integrating with GCL New Power and different institutional companions, Pharos goals to resolve the crucial “final mile” of tokenization: shifting real-world property ( RWAs) from fragmented, remoted silos right into a unified, compliant, and liquid on-chain market.

Whereas tokenized Treasuries and actual property have gained traction, institutional adoption has been hampered by an absence of privateness and fragmented distribution. Pharos goals to offer a privacy-preserving framework that permits establishments to take care of management over delicate portfolio knowledge whereas remaining compliant.

As soon as onboarded, members can transfer, lend, and commerce property throughout the ecosystem with out the operational friction that sometimes traps capital. The community’s pAlpha Excessive Yield RWA Vault reached its full $50 million capability inside days of opening, proving capital is able to transfer into the Pharos setting.

By means of integrations with OKX Pockets and Topnod Pockets, current crypto customers can entry the community. Moreover, native help for USDC and Circle’s CCTP ensures that regulated liquidity can circulation into the community with out bottlenecking.

“Establishments coming into the ecosystem was as soon as only a idea. Now it’s occurring,” stated Want Wu, founder and CEO of the Pharos Basis. “This launch turns that momentum into one thing the entire ecosystem can truly use.”

To help development, Pharos has established the RealFi Alliance, a $10 million Hong Kong-based incubator. Greater than 50 decentralized purposes, or dApps, are anticipated to deploy at launch, spanning asset issuance, buying and selling, and monetary providers.

Because the RWA sector prepares for a projected multi-trillion-dollar growth, Pharos—backed by the economic may of GCL New Power and a $1 billion valuation—positions itself because the definitive infrastructure for the way forward for on-chain international finance.



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