Pharos and Chainlink Bridge TradFi, DeFi to Democratize Tokenized Assets

Pharos Network, a programmable open financial Layer 1 blockchain, has announced its adoption of Chainlink's Cross-Chain Interoperability Protocol (CCIP) and Data Streams to build a secure infrastructure for tokenized real-world assets (RWAs), as detailed in a Pharos blog post. The integration, launched alongside Pharos' mainnet, aims to facilitate enterprise-grade cross-chain value transfers and messaging while enabling high-performance RWA markets with sub-second price data latency.

The collaboration leverages Chainlink's CCIP to provide defense-in-depth security through decentralized oracle networks (DONs), ensuring reliable cross-chain token transfers via the Cross-Chain Token (CCT) standard, which allows tokens to become cross-chain transferable within minutes without vendor lock-in, according to a BBX article. Meanwhile, Chainlink Data Streams will supply Pharos with ultra-fast, accurate pricing data from benchmark exchanges, supporting end-to-end customization and mitigating front-running risks through a "commit-and-reveal" architecture.

Pharos, founded by former AntChain and Ant Financial blockchain leaders, positions itself as a bridge between traditional finance (TradFi), DeFi, and tokenized RWAs. By making institutional-grade RWA solutions accessible to individual investors, the platform aims to drive mass adoption of tokenized assets and onboarding to DeFi, as reported in a ChainCatcher article. The integration of Chainlink's infrastructure is expected to enhance Pharos' ability to scale enterprise-grade tokenized RWA markets, with benefits including low-latency data delivery and secure cross-chain operations, according to a Phemex article.

Chainlink Labs Chief Business Officer Johann Eid emphasized the significance of the partnership, stating that Pharos' adoption of CCIP and Data Streams marks a pivotal step in enabling "secure, high-performance cross-chain applications" for institutional-scale RWA tokenization. Pharos CEO and co-founder Wish Wu added that the Chainlink standard is "essential tokenization infrastructure," allowing the platform to meet enterprise performance and security requirements from day one.

Pharos Network, backed by investors like Hack VC and Faction VC, is designed to connect RWAs, TradFi, and cross-chain liquidity into a programmable network. Its focus on green finance, digital payments, and programmable ownership aligns with broader trends in blockchain adoption for institutional use cases. Chainlink, the industry-standard oracle platform, has already secured trillions in on-chain transaction value and is used by major institutions like Swift, Mastercard, and UBS.

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