cryptonews.net
Centrifuge, a blockchain platform for tokenized RWAs, and Pharos, a L1 network built for institutional finance, announced a partnership to develop infrastructure for distributing institutional assets onchain. The focus is on tokenized U.S. Treasuries JTRSY and AAA-rated structured credit product JAAA. The companies aim to support large-scale issuance and ongoing use of these assets within blockchain-based financial systems.
Assets issued through Centrifuge will be supported by Pharos as a liquidity and distribution layer. The network provides high-throughput execution and infrastructure designed for financial workflows. The goal is to enable assets to be accessed through wallets, platforms and enterprise channels, and to be pooled, allocated and reused onchain.
Pharos uses a modular design and parallel processing to handle large volumes of transactions. The companies say the partnership is a step toward practical onchain finance, where institutional assets are not only issued on blockchain but also actively used within working financial systems.
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