RWA ecosystem layout has new developments. The L1 blockchain project Pharos Foundation, which focuses on on-chain real assets, recently reached a strategic partnership with Hong Kong-listed energy company GCL New Energy Holdings — through a new share issuance, Pharos Foundation successfully acquired a 10.71% stake in GCL.
What does this investment mean? Partnerships between traditional listed companies and blockchain projects are not common, especially at a time when the RWA track is still in the exploration stage. On one hand, GCL, as a mature company listed on the Hong Kong Stock Exchange, brings trust and credibility from traditional finance to Pharos; on the other hand, Pharos's blockchain technology also opens a new window for GCL into digital assets. Both parties are leveraging their strengths, and the collaboration seems to have promising potential.
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staking_gramps
· 5h ago
Really impressive, traditional companies are finally waking up
Old energy companies teaming up with blockchain? Now that's the kind of integration that should happen
All talk, let's wait and see if it can actually be implemented
GCL's move is good; the RWA track needs big companies like this to lead the way
10.71% of shares doesn't sound like much; can it really make a difference?
If this works out, will there be a bunch of listed companies following suit... I'm a bit期待
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ETH_Maxi_Taxi
· 01-12 06:03
Hong Kong listed companies are all starting to play with blockchain, now RWA is truly on the ground.
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DegenRecoveryGroup
· 01-12 06:03
Now RWA is no longer just talk on paper; real money is coming in.
GCL's move is interesting; traditional companies are finally starting to take blockchain seriously.
10.71% stake... Pharos is aiming for big things, but it depends on whether it can be implemented later.
Wait, blockchain + energy—are they trying to tokenize electricity? If it really works, it could be a game-changer.
It's called collaboration in nice words, but frankly, traditional finance still doesn't trust itself and needs the endorsement of the blockchain community to dare to act.
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CommunityJanitor
· 01-12 05:55
Oh no, traditional companies are really starting to take blockchain seriously
The entry of traditional finance is a signal, RWA is no joke
10.71% of shares is quite a lot, it seems Pharos really has some skills
GCL dares to invest, indicating that this path is indeed feasible
Another big move, the RWA wave still has to continue
The window for digital assets has opened, what’s next?
Is it true that listed companies are collaborating with blockchain projects? Who would have believed this two years ago
Both parties are doing what they need to do, it all depends on what can be implemented next
It feels like traditional companies are all trying to position themselves now, trying to catch this train
If RWA really explodes, that’s a sign that the beginning has started
If this partnership succeeds, the subsequent effects are unimaginable
But it still depends on how the real money flows
Backed by the Hong Kong Stock Exchange, it definitely has a strong reputation
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PhantomHunter
· 01-12 05:52
Haha, listed companies are starting to play RWA, it feels like a breakout is not far away
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It's the same old mutual endorsement routine, but this time it seems different
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GCL directly offers 10% equity? Is it really short of money or is it optimistic about the future?
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Energy + blockchain, this combination is quite interesting
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In the end, traditional companies will have to fill the RWA pit
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Is the marriage between traditional finance and blockchain about to begin? I'm a bit期待
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What is Pharos up to again? I don't think I've heard of this name before
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Win-win sounds appealing, but in the end, no one really knows how to win
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Probably still capital speculating on concepts, let's wait and see
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Energy companies are entering the scene, indicating that RWA really has potential
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Backed by a Hong Kong-listed company, this is indeed much more reliable than some small coins
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MetaverseLandlady
· 01-12 05:42
Tsk, RWA is really here now, no longer just talk.
Traditional companies are putting real money into blockchain, this signal is a bit meaningful.
GCL is probably interested in the future of on-chain assetization; anyway, they can definitely play in the energy sector.
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ZKProofster
· 01-12 05:36
technically speaking, this "tokenization of real assets" narrative is just traditional finance discovering they can slap blockchain on things and call it innovation... the trustless part they're conveniently skipping over
RWA ecosystem layout has new developments. The L1 blockchain project Pharos Foundation, which focuses on on-chain real assets, recently reached a strategic partnership with Hong Kong-listed energy company GCL New Energy Holdings — through a new share issuance, Pharos Foundation successfully acquired a 10.71% stake in GCL.
What does this investment mean? Partnerships between traditional listed companies and blockchain projects are not common, especially at a time when the RWA track is still in the exploration stage. On one hand, GCL, as a mature company listed on the Hong Kong Stock Exchange, brings trust and credibility from traditional finance to Pharos; on the other hand, Pharos's blockchain technology also opens a new window for GCL into digital assets. Both parties are leveraging their strengths, and the collaboration seems to have promising potential.