- It creates an organized, transparent, and governance-driven foundation model to support long-term ecosystem growth.
- These initiatives will increase open finance research and industry expertise, improve cooperation with conventional financial institutions, and assist developers via grants and technical training.
Today, Pharos Foundation officially launched as the non-profit organization responsible for maintaining the RealFi and open finance ecosystem on Pharos Network, the inclusive financial layer that makes real value and institutional-grade assets available to everyone. As Pharos Network prepares for its TGE and Mainnet launch in early 2026, the Foundation’s debut represents a critical turning point. It creates an organized, transparent, and governance-driven foundation model to support long-term ecosystem growth.
The Pharos Foundation, which was established as an Asia-led, compliance-ready, and impartial governance body, formally demonstrates the ecosystem’s dedication to public-good infrastructure, transparent fund management, and reliable cross-border institutional cooperation. Its purpose is in line with the increasing worldwide expectation that RealFi ecosystems function with more transparency, long-term responsibility, and regulatory awareness.
The four main pillars of the Foundation’s operations are education, governance and transparency, technological development, and ecosystem support. These initiatives will increase open finance research and industry expertise, improve cooperation with conventional financial institutions, and assist developers via grants and technical training. Additionally, the Foundation works under strict guidelines: it does not endorse any particular protocol, provide financial advice, or comment on token prices. Its efforts are directed by the specific goal of creating a reliable, institution-ready RealFi ecosystem. The Foundation will provide the structures, documentation, and open procedures required for sustainable token governance and ecosystem growth both before and after TGE, rather than acting as a marketing gimmick.
“Pharos Foundation’s establishment underscores our commitment to creating a sustainable and trustworthy ecosystem for RealFi,” said Wish Wu, Co-Founder & CEO at Pharos Network. “A neutral foundation is crucial for long-term governance and ensuring that the ecosystem operates with transparency and integrity. We are dedicated to fostering a collaborative environment that benefits all participants, from developers to traditional financial institutions.”
The first transparency report after the mainnet launch will include information on the ecosystem fund’s administration and use, including grants awarded, governance choices, and funds deployment. Its mission, governance structure, operational boundaries, and dedication to public-good duties will all be outlined in the first “Foundation Charter,” which will be published concurrently.
The non-profit Pharos Foundation is tasked with overseeing the Pharos Network’s RealFi and open finance ecosystem. Support for ecosystems, technological cooperation, open governance, and expanding awareness of RealFi and open finance worldwide are all part of its purpose.
As the future infrastructure of global finance for everyone, Pharos Network is the inclusive financial Layer 1, where institutional-grade assets and real value move onchain and may be combined with decentralized assets. Pharos powers real-time financial onchain with a combination of deep-parallel execution, flexible design, and integrated compliance. Backed by Hack VC, Faction VC, and other international TradFi investors, the project was developed by Ant Group’s engineers and leadership. With over 3 billion transactions and an average block time of 0.5 seconds, Pharos launched its first public testnet in May. In October, it upgraded to the Atlantic Ocean testnet. Pharos plans to introduce its official coin and mainnet in the first quarter of 2026.