Hong Kong, recently. Pharos Network, a Layer 1 infrastructure built for RealFi, and KUN, a trusted expert in industrial digital payments, have officially announced the signing of a strategic cooperation agreement (MoU). By deeply integrating Pharos's institutional-grade blockchain foundation with KUN's globally licensed and compliant payment infrastructure, the two parties will jointly promote the tokenization of supply chain credit assets and enable more efficient global settlement via blockchain rails.
Industry Background: Addressing the Liquidity Challenges for Outbound Enterprises
Currently, small and medium-sized outbound enterprises, especially in emerging markets worldwide, face severe operational capital challenges. Constrained by the cumbersome processes, high costs, and fragmented services of the traditional trade finance system, suppliers typically must wait 30 to 90 days to receive payment after delivering goods. This liquidity pressure limits business expansion. Although RWA (Real World Asset) tokenization has become an industry hotspot, current market focus is mostly on passive financial products, with few projects effectively connecting the underlying infrastructure to real commercial activities and licensed payment distribution networks.
Solution: Deep Integration of Licensed Payment Rails and RealFi Infrastructure
The cooperation between Pharos Network and KUN aims to bridge this gap by bringing supply chain credit and B2B cross-border payments on-chain in a compliant and scalable manner. The initial strategic focus of both parties will encompass:
- Supply Chain Credit Asset Tokenization: Unlocking asset liquidity and optimizing corporate capital turnover efficiency;
- Native On-Chain Settlement of Digital Assets: Utilizing blockchain rails to reduce cross-chain settlement friction;
- Enterprise-Grade Virtual Card Solutions: Exploring more flexible scenarios for corporate fund usage;
- Scenario-Based On-Chain Financial Services: Providing compliant on-chain financial services for verticals such as bulk commodities, general trade, B2B cross-border e-commerce, service trade, the Web3 ecosystem, and AI applications.
Wish Wu, Co-founder and CEO of Pharos Network, stated: "KUN has built a highly trusted payment network with global licenses, deeply serving emerging markets. Their professional expertise in the field of cross-border digital payments perfectly aligns with Pharos's vision of building an inclusive settlement layer for RealFi. Together, we will bring supply chain assets and cross-border capital flows on-chain in a compliant and accessible way."
Dr. Louis Liu, Founder and CEO of KUN, stated: "Settlement certainty is the last mile for RealFi. By bridging KUN's compliant payment rails with Pharos's high-performance underlying architecture, we can assist enterprises in efficiently converting on-chain assets into the tangible liquidity needed for the real economy, while delivering institutional-grade trustworthiness in the process. In the future, we will also explore the use of AI-driven intelligent orchestration to further optimize global commercial capital flows and enhance settlement efficiency in emerging markets."
Currently, the Pharos mainnet is officially live, with over 50 dApps actively operating within its ecosystem. This collaboration with KUN will further solidify Pharos's position as a RealFi infrastructure leader by connecting licensed payment systems with on-chain financial markets.
About Pharos Network
Pharos Network is a Layer 1 infrastructure designed for real finance, aiming to achieve seamless circulation between on-chain assets and institutional-grade assets. Pharos employs a modular architecture and deep parallel execution technology, combined with built-in compliance modules, committed to building the next-generation infrastructure for global finance. Pharos is developed by a top-tier team from Ant Group and is backed by renowned global investment institutions including a subsidiary of Sumitomo Corporation, Hack VC, Faction VC, and others.
Pharos has launched a "Native to Pharos" builder incubation program of up to $10 million USD, currently recruiting early-stage teams and dedicated builders/developers for the Pharos ecosystem globally, focusing on frontier areas such as RWA, DeFi, and prediction markets. Selected participants will receive technical guidance, AI developer tools, and ecosystem resource support from Pharos, as well as support from institutional partners including Hack VC, Draper Dragon, Lightspeed Faction, and Centrifuge.
About KUN
KUN is an innovative technology group focused on digital payments and embedded financial services, anchored by a globally distributed licensing and compliance risk control system, connecting Asia with emerging markets such as Africa, Latin America, and the Middle East. The group positions itself as a trusted expert in industrial digital payments, with business covering four major sectors: cross-border digital payments, on-chain finance, corporate card issuance, and AI Agent payments. By deeply integrating AI and blockchain technologies, KUN provides secure, compliant, and efficient one-stop digital payment and transaction services for business scenarios including bulk commodities, general trade, B2B cross-border e-commerce, service trade, Web3 ecosystems, and AI applications, building a driving engine empowering enterprise global business development.
