Yunfeng Financial and Ant Financial have reached a strategic cooperation and invested in the Pharos public blockchain

PANews reported on September 1st that Yunfeng Financial announced that it has signed a strategic cooperation agreement with Ant Digital Technology (Ant Digit) and made a strategic investment in Pharos, a Layer 1 public blockchain focused on institutional-grade RWA applications. Both parties will leverage Pharos' high-performance public blockchain, subject to regulatory compliance, to expand into the tokenization of real-world assets (RWA) and related Web3 areas, promoting the integration of blockchain with existing financial services. Both Ant Digit and Pharos are independent third parties of Yunfeng Financial.

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Author: PA一线

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