Pharos Foundation today announced its official launch as the non-profit entity stewarding the RealFi and open finance ecosystem on Pharos Network. Pharos Network is described as the inclusive financial Layer where real value and institutional grade assets are accessible to all. The launch of the Foundation marks a significant milestone for Pharos Network as it moves toward its Token Generation Event (TGE) and Mainnet Launch in early 2026, establishing a structured, transparent, and governance-driven foundation model to anchor long-term ecosystem development.
Built as an Asia-led, compliance-ready, and neutral governance organization, the Pharos Foundation formalizes the ecosystem’s commitment to public-good infrastructure, transparent fund stewardship, and credible cross-border institutional collaboration. Its mandate reflects a growing global expectation that RealFi ecosystems must operate with higher standards of transparency, regulatory awareness, and long-term accountability.
Foundation Pillars and Mandate
The Foundation operates across four core pillars: ecosystem support, technology development, governance and transparency, and education. These efforts will support developers through grants and technical programs, strengthen collaboration with traditional financial institutions, and expand open finance research and industry knowledge. The Foundation also operates under clear limits: it does not provide investment advice, comment on token price, or favor any single protocol. Its work is guided by a clear mandate to build a trustworthy, institution-ready ecosystem for RealFi. Instead of serving as a hype tool for TGE, the Foundation will provide the frameworks, documentation, and transparent processes needed for sustainable token governance and ecosystem development before and after TGE.
Leadership Perspective
“Pharos Foundation’s establishment underscores our commitment to creating a sustainable and trustworthy ecosystem for RealFi,” said Wish Wu, Co-Founder & CEO at Pharos Network. “A neutral foundation is crucial for long-term governance and ensuring that the ecosystem operates with transparency and integrity. We are dedicated to fostering a collaborative environment that benefits all participants, from developers to traditional financial institutions.”
Transparency and Governance Plans
Details regarding the management and utilization of the ecosystem fund will be released in the first transparency report following mainnet launch, covering grants issued, governance decisions, and fund deployment. In parallel, an inaugural “Foundation Charter” will be released to outline its mandate, governance model, operating limits, and commitment to public-good responsibilities.
About Pharos Foundation
The Pharos Foundation is a non-profit organization dedicated to stewarding the RealFi and open finance ecosystem on Pharos Network. Its mandate includes ecosystem support, technology collaboration, transparent governance, and advancing global understanding of RealFi and open finance.
About Pharos Network
Pharos Network is the inclusive financial Layer 1, where real value and institutional-grade assets circulate onchain and are composable with decentralized assets, becoming the new infrastructure of global finance for all. Pharos combines modular architecture, deep-parallel execution, and built-in compliance to power real-time finance onchain. Built by the leadership and engineers from Ant Group, the project is backed by Hack VC, Faction VC, and other global TradFi investors. Pharos launched its first public Testnet in May, gaining almost 3 billion transactions and an average 0.5-second block time. It has now upgraded to the AtlanticOcean Testnet in October. Pharos targets to launch its official Mainnet and coin in Q1 2026.