Yunfeng Financial announced the signing of a strategic cooperation agreement with Ant Digital Technology and strategic investment in Pharos — a Layer 1 blockchain aiming at institutional-level Tokenize of real-world assets (RWA).
The partnership will utilize Pharos’ high-performance blockchain platform, within a regulatory-compliant framework, to expand RWA Tokenize services and related Web3 segments, promoting the integration of blockchain technology with existing financial services.
Yunfeng Financial signs strategic cooperation with Ant Digital and invests in Pharos.
Focus on real-world asset (RWA) Tokenize on high-performance Layer 1 blockchain.
Committed to regulatory compliance and Pharos, Ant Digital is independent from Yunfeng Financial.
Transaction details
Yunfeng Financial has signed a strategic cooperation agreement with Ant Digital and made a strategic investment in Pharos, a Layer 1 blockchain platform.
The agreement will allow the use of Pharos’ infrastructure to develop real-world asset Tokenize services, with both parties emphasizing the implementation within a legally compliant framework. The information also states that Ant Digital and Pharos are independent parties from Yunfeng Financial.
Goal: Tokenize of Real Assets (RWA)
The goal of the partnership is to develop and expand RWA Tokenize , which is the conversion of real assets into Token on the blockchain for more efficient trading and management.
Tokenize is aimed at institutional-grade applications, including improving liquidation, transaction transparency, and automating some issuance, custody, and trading processes. Success depends on the regulatory framework, technical standards, and acceptance from financial institutions.
About Pharos and Ant Digital
Pharos is described as a high-performance Layer 1 public blockchain, while Ant Digital is a technical/strategic partner in the field of financial digitization.
Both entities will work together to provide technical solutions for RWA Tokenize , with an independent Vai from Yunfeng Financial to avoid conflicts of interest and ensure clarity on project governance.
Compliance and risk factors
The cooperation is oriented towards regulatory compliance, emphasizing the development of Tokenize within the appropriate legal framework.
Despite its potential, RWA Tokenize faces risks in terms of regulatory framework, liquidation , and security. Therefore, practical implementation requires legal assessment, risk management, and technical testing before scaling up.
Does this deal mean Yunfeng owns Pharos?
No. The announcement stated that Pharos and Ant Digital are independent parties to Yunfeng Financial; Yunfeng is making a strategic investment and not necessarily a merger or full ownership.
What areas does the cooperation focus on?
Main focus is on Real Asset Tokenize (RWA) and related Web3 areas, using Pharos' Layer 1 blockchain for institutional-grade applications.
What are the benefits for organizations from Tokenize RWA?
Tokenize can improve liquidation, reduce transaction costs, increase transparency, and allow large asset ownership to be Chia into smaller units for easy trading.
