Odaily Planet Daily reports that according to official sources, Centrifuge and Pharos have announced a partnership aimed at sharing infrastructure frameworks to massively distribute and operate institutional-grade assets on-chain, such as tokenized U.S. Treasuries (JTRSY) and AAA-rated structured credit products (JAAA). This collaboration will combine Centrifuge’s tokenization infrastructure with Pharos’s Layer 1 to provide liquidity and distribution layers for assets issued by Centrifuge, addressing the distribution challenges of institutional assets in on-chain finance.
Centrifuge Labs CEO Bhaji Illuminati stated that tokenization alone cannot solve access and usability issues; this partnership focuses on building the distribution and infrastructure layers.
Pharos CEO Wish Wu said that the challenge is not demand but infrastructure, and the collaboration aims to create an environment where institutional assets can remain active on-chain.
Pharos is a financial Layer 1 designed for RealFi, developed by a team of former Ant Group leaders and engineers, and has received investments from institutions such as Hack VC and Faction VC.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
KelpDAO Recovers $43M in rsETH, Narrows Shortfall to 89,500 ETH
Gate News message, April 25 — KelpDAO announced progress on rsETH holder recovery efforts coordinated with Aave and ecosystem partners since April 18. The initial shortfall was 163,200 ETH; Kelp has recovered 40,300 rsETH (approximately 43,000 ETH), and the Arbitrum Security Council has secured an a
GateNews1h ago
Bitcoin Bonuses Expand as Fold Brings Payroll-Linked Rewards to Employers
Fold Holdings expanded bitcoin workplace compensation with a new employer bonus program. The rollout turns payroll-linked incentives into a potential distribution channel for everyday BTC adoption.
Key Takeaways:
Fold launches BTC bonuses, expanding employer adoption pathways.
Businesses gain
Coinpedia2h ago
Aave Proposes 25,000 ETH to DeFi United for Kelp DAO Exploit Relief
Aave service providers put forth a governance proposal on Friday to contribute 25,000 ETH—worth nearly $58 million—from the protocol's DAO to DeFi United, a coordinated relief effort to restore backing for rsETH following the Kelp DAO exploit. The proposed contribution would help close the
CryptoFrontier2h ago
Morgan Stanley Launches Stablecoin Reserve Fund, Positioning as Industry Reserve Manager
Gate News message, April 25 — Morgan Stanley Investment Management (MSIM) has unveiled a stablecoin reserve portfolio fund (MSNXX), a government money market fund designed exclusively for stablecoin issuers to securely hold reserves backing their tokenized fiat versions. The fund invests solely in t
GateNews2h ago
Tomoland Integrates Anome Protocol to Expand Multi-Chain DeFi Access for Gaming Users
Gate News message, April 25 — Tomoland, a decentralized Web3 gaming platform, formed a strategic partnership with Anome Protocol, a multi-chain decentralized finance infrastructure, according to an announcement on April 23. The collaboration enables Tomoland to integrate with Anome's cross-chain
GateNews3h ago
JPMorgan: Tokenization Will Drive Fund Industry Change, But 'Good Use Cases' Still Years Away
Gate News message, April 25 — JPMorgan's global head of ETF product, Ciarán Fitzpatrick, said tokenization should drive change across the entire funds industry. "We believe tokenization will certainly drive how the market changes, not just for ETFs but across the funds industry as a whole," Fitzpatr
GateNews5h ago
