Saw an announcement from Yunfeng Financial: Strategic cooperation with Ant Group's Digital Technology, and strategic investment in the Pharos public chain, jointly building institutional-level RWA new infrastructure.

At the same time, the board approved the inclusion of $ETH into its strategic reserves, having purchased 10,000 ETH on the open market (total cost of $44 million, average price of $4,400).

➤ The Pharos public chain here is the project shared by Lao Bai today @pharos_network, and its positioning is indeed quite clear - it specializes in infrastructure for institutional-level RWA.

➟ The three-layer architecture design looks quite reasonable: the base layer is responsible for data processing, the core layer runs transactions (completed in seconds), and the extension layer handles cross-chain and dApps.

➟ The most interesting combination is modularization + parallel processing, which claims to achieve an experience close to Web2. If it can really be done, it would indeed be quite attractive to institutional users.

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➤ More and more institutions are treating #ETH as a reserve asset, not just for speculation, but for its position in the Web3 infrastructure.

In conjunction with this RWA layout, #eth as an underlying asset indeed has strategic significance. The dual yield model of staking income + potential appreciation is quite attractive for institutional financial planning.

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➤ Let me briefly share my opinion: Ant Financial provides blockchain technology accumulation, Yunfeng Financial has traditional financial licenses and resources, and Pharos offers a high-performance public chain platform!

#RWA The RWA sector is indeed a hot topic this year, with three parties working together to tackle this large institutional RWA cake.

The on-chain of traditional assets requires not only technology but also a complete solution that meets the compliance, security, and performance requirements of institutions.

The combination of "financial institutions + technology companies + public chain platforms" could be a viable path for the large-scale application of RWA!