- The goal of this collaboration is to make institutional assets useable in live onchain financial systems when they are issued.
- The collaboration tackles these issues at the system level by fusing Pharos’ inclusive, execution-first Layer 1 with Centrifuge’s institutional-grade tokenization infrastructure and asset standards.
Today, Centrifuge and Pharos announced a collaboration aimed at facilitating the large-scale distribution and operation of institutional-grade assets onchain via a common infrastructure architecture, such as tokenized U.S. Treasuries (JTRSY) and AAA-rated structured credit products (JAAA).
The partnership focuses on addressing distribution, one of the main issues facing institutional onchain finance. Even though tokenization has advanced significantly, many institutional assets are still inaccessible, dispersed across platforms, or passive after they are issued. The goal of this collaboration is to make institutional assets useable in live onchain financial systems when they are issued.
Regulatory, onboarding, custody, and operational barriers still affect access to U.S. dollar-denominated credit and treasury products in many areas outside of the U.S. and Western Europe. Even with tokenization, these goods’ distribution is often dispersed and indirect, which restricts their capacity to actively spread once onchain or reach new users.
The collaboration tackles these issues at the system level by fusing Pharos’ inclusive, execution-first Layer 1 with Centrifuge’s institutional-grade tokenization infrastructure and asset standards. With its high-performance infrastructure and ecosystem connectivity, Pharos acts as a strategic liquidity and distribution layer for assets issued via Centrifuge, enabling deeper onchain liquidity pathways and wider capital entrance. Assets may be accessible, pooled, allocated, and reused instead of being static after issue thanks to this integrated ecosystem, which includes wallet access, platform and enterprise channels, and execution capability.
“Tokenization alone does not solve the access and usability problem,” said Bhaji Illuminati, CEO of Centrifuge Labs. “This partnership focuses on building the distribution and infrastructure layer that allows institutional assets to function within real onchain financial environments.”
Pharos is an inclusive financial Layer 1 that uses a modular architecture and native deep-parallel execution to facilitate high-throughput, real-world financial operations. The network is designed to support ongoing onchain operations and accommodate significant institutional asset activity.
“The challenge isn’t demand, it’s infrastructure,” said Wish Wu, CEO of Pharos. “This collaboration focuses on creating an environment where institutional assets can move onchain and remain active within open, composable financial systems.”
This collaboration is a first step toward practical onchain finance, in which institutional assets are backed by infrastructure intended for long-term participation, distribution, and execution in addition to being represented onchain.
As the future financial-grade infrastructure of global finance for everyone, Pharos is the inclusive financial Layer 1 for RealFi, where institutional-grade assets and real value move onchain and may be combined with decentralized assets. To enable asset-native ecosystems, Pharos blends deep-parallel execution, modular design, and built-in compliance. Supported by Hack VC, Faction VC, and other international TradFi investors, the project was developed by Ant Group’s engineers and leadership.