Centrifuge partners with Pharos to advance institutional asset on-chain distribution infrastructure

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Odaily Planet Daily reports that according to official sources, Centrifuge and Pharos have announced a partnership aimed at sharing infrastructure frameworks to massively distribute and operate institutional-grade assets on-chain, such as tokenized U.S. Treasuries (JTRSY) and AAA-rated structured credit products (JAAA). This collaboration will combine Centrifuge’s tokenization infrastructure with Pharos’s Layer 1 to provide liquidity and distribution layers for assets issued by Centrifuge, addressing the distribution challenges of institutional assets in on-chain finance.

Centrifuge Labs CEO Bhaji Illuminati stated that tokenization alone cannot solve access and usability issues; this partnership focuses on building the distribution and infrastructure layers.

Pharos CEO Wish Wu said that the challenge is not demand but infrastructure, and the collaboration aims to create an environment where institutional assets can remain active on-chain.

Pharos is a financial Layer 1 designed for RealFi, developed by a team of former Ant Group leaders and engineers, and has received investments from institutions such as Hack VC and Faction VC.

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