Pharos.xyz – Cloudflare customer – (British Virgin Islands)
The .xyz community is home to teams building financial infrastructure designed to bridge traditional markets and onchain finance. Blockchain platform Novastro.xyz, led by former Uber developer, leverages AI to bring real-world assets onchain. Financial infrastructure platform Velocity.xyz bridges traditional finance and digital assets through stablecoin payments. Asset issuance platform Noble.xyz aims to simplify stablecoin liquidity across multiple blockchains. In this week’s #BlockchainThursday, we’ll introduce you to a layer 1 network built to bring real-world assets and institutional-grade finance onchain: Pharos.xyz.
Pharos.xyz is the online home of Pharos Network, a layer 1 blockchain designed for the tokenization of real-world assets (RWAs), meaning financial instruments like bonds, energy projects, and private credit that are represented and traded on a blockchain. According to the website, the network is built around what Pharos describes as an “asset-native” infrastructure to support regulated financial activity at scale. In April 2026, Pharos Network announced a $44M Series A fundraise led by investors including Sumitomo Corporation’s venture arm and Chainlink.1 Later that month, Pharos.xyz published details of the Pharos RealFi Access Program, a structured public sale designed to provide broad, compliant access to its network.
The platform is built on a modular architecture with what the website describes as deep-parallel execution and built-in compliance features. According to Pharos.xyz, the network is designed to process 30,000 transactions per second with block confirmation times of under one second. The website states that integrated identity verification and anti-money laundering modules are built into the protocol layer, aimed at meeting institutional compliance requirements while keeping the network open. Pharos.xyz describes its goal as building a financial layer where tokenized assets, stablecoins, and cross-border payments can operate within a single programmable network, targeting what the company characterizes as a $50T market opportunity.
Pharos Network was co-founded by Alex Zhang and Wish Wu, both of whom previously held roles at ZAN, a web3 technology company owned by Ant Group Digital Technologies. As shared on LinkedIn, Alex serves as co-founder of Pharos Network and previously served as Chief Technology Officer of AntChain, Ant Group Digital Technologies’ flagship blockchain-based technology brand. Wish serves as co-founder and CEO of Pharos Network, and previously held the role of Chief Security Officer at ZAN.
Pharos Network operates under the domain Pharos.xyz. The .xyz domain has become a recognized choice among blockchain and web3 projects, in part because of its flexibility and its association with next-generation platforms. Pharos.xyz is a short, memorable domain that is straightforward to recall and type. PharosNetwork.xyz also points to Pharos.xyz, meaning anyone who enters the full network name will reach the same destination. Maintaining both domains is a practical decision that can support findability, regardless of how a user approaches the search. You can discover more about the power of short, memorable domain names in our latest Quarterly. You can learn more about Pharos by following the platform on X/Twitter and LinkedIn, joining the Discord, and visiting Pharos.xyz.
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