KUN and Pharos Network Forge Strategic Partnership to Jointly Drive Innovation in RealFi, RWA, and Cross-Border Payment Infrastructure
Hong Kong. Layer 1 infrastructure Pharos Network and licensed digital payment expert KUN have signed a strategic MoU. They will integrate Pharos's institutional blockchain with KUN's licensed global payment rails to drive the tokenization of supply chain credit assets and enable more efficient global settlement on-chain.
**Background:** Emerging market SMEs face severe working capital challenges due to slow, costly traditional trade finance, often waiting 30-90 days for payment after delivery. While RWA tokenization is a focus, few projects effectively connect underlying infrastructure to real commerce and licensed payment networks.
**Collaboration Focus:** The partnership aims to bridge this gap by bringing supply chain credit and B2B cross-border payments on-chain compliantly. Initial priorities include:
* Tokenizing supply chain credit assets to unlock liquidity.
* Enabling native on-chain settlement of digital assets.
* Exploring enterprise virtual card solutions.
* Providing compliant on-chain financial services for verticals like commodities, trade, B2B e-commerce, and Web3.
**Executive Quotes:**
* Wish Wu, Co-founder & CEO of Pharos Network, highlighted KUN's trusted, licensed payment network as a perfect fit for bringing supply chain assets and cross-border capital flows on-chain accessibly.
* Dr. Louis Liu, Founder & CEO of KUN, stated that settlement certainty is RealFi's final hurdle. Bridging KUN's payment rails with Pharos's infrastructure will help convert on-chain assets into real-world liquidity with institutional-grade trust. They will also explore AI-driven optimization for global capital flows.
Pharos mainnet is live with over 50 dApps. This partnership strengthens its position as RealFi infrastructure by linking licensed payment systems with on-chain finance.
marsbit05/20 13:35
