Overview
- Pharos introduced the consortium with nine founding members that include Chainlink, LayerZero, Centrifuge, Asseto Finance, Ember, Faroo, R25, Re7 Labs, and TopNod.
- The initiative targets fragmented liquidity, inconsistent infrastructure, and regulatory silos that have limited institutional adoption of onchain assets.
- Chainlink will supply oracle services and LayerZero will handle cross-chain messaging, while Ember and Re7 Labs will build institutional risk-management tools.
- The Alliance set a four-part program centered on asset enablement, infrastructure and compliance alignment, liquidity and utility design, and market transparency.
- Pharos outlined plans for a mainnet with built-in liquidity channels and compliance features and said additional members will be admitted in phases.