PANews reported on March 14th that, according to an official announcement, the L1 public chain Pharos has strategically expanded its capital cooperation with GCL New Energy (HKEX: 0451). GCL New Energy has completed its investment in Pharos, valuing the company at nearly $1 billion. Pharos's FDV (Funds-to-Value) must average at least $760 million within three months of its token launch and subsequent three-month periods; otherwise, further investment will not be executed. This investment enables Pharos to drive the RWA market's transformation from a concept pilot to large-scale, sustainable industrial commercialization.