China's public blockchain welcomes a capital tidal wave! Conflux plans to co-build an ecosystem with a listed company, and the Alibaba Group strategically invests in the Pharos public blockchain.

The Chinese public chain market is welcoming significant capital and strategic cooperation moves. The Conflux Foundation announced plans to authorize the Ecosystem Fund to collaborate with global publicly listed companies, covering areas such as Digital Asset Treasury (DAT), POS Node operations, on-chain Liquidity, and RWA Asset Management, and plans to lock CFX tokens injected into the listed company treasury for no less than 4 years. At the same time, Yunfeng Financial signed a strategic cooperation agreement with Ant Digital Technology (Ant Digital) and invested in Layer1 public chain Pharos, which focuses on institutional-level RWA applications, promoting deep integration of Web3 and TradFi.

Conflux Foundation: Building Ecosystem with Listed Companies

According to the Conflux Forum announcement, the foundation plans to authorize the ecological fund to seek strategic cooperation with publicly listed companies worldwide (not limited to the Hong Kong or US capital markets), focusing on the following areas:

  1. Digital Asset Treasury (DAT)

  2. POS Node Operation

  3. on-chain Liquidity Management

  4. RWA Asset Management

The foundation emphasizes that the CFX tokens injected into the listed company's treasury will have a lock-up period of no less than 4 years to ensure long-term stability. This proposal will initiate a community governance vote soon to solicit members' opinions.

Yunfeng Financial and Ant Group's strategic cooperation to invest in Pharos public chain

On September 1, Yunfeng Financial announced that it has reached a strategic cooperation with Ant Group and made a strategic investment in Pharos Network Technology Limited.

Cooperation Goal: Relying on the high-performance Pharos public chain, expand the tokenization of real-world assets (RWA) and the Web3 domain.

Advantageous Combination: Ant Group's technical accumulation in blockchain and digital finance, combined with Yunfeng Financial's expertise in asset management, securities, insurance, and new energy carbon assets.

Compliance prerequisites: Advance project implementation under strict adherence to regulatory frameworks.

Yunfeng Financial stated that this move will strengthen its layout in the digital finance sector, while also assisting Ant Group in deepening blockchain applications. The synergy between the two parties is expected to unlock new growth opportunities.

Pharos Public Chain: Focus on Institutional-Level RWA Applications

Pharos is a new generation Layer 1 public chain focused on building institutional-grade RWA application scenarios, featuring high performance and scalability, suitable for asset tokenization, compliant financial product issuance, and other fields. This investment will combine Pharos' technological advantages with Cloud Peak Financial resources to accelerate the integration of Web3 and TradFi, creating sustainable value for shareholders and ecosystem partners.

RWA and New Dynamics in the Regulatory Environment

In addition to the aforementioned cooperation, the Hong Kong financial market has also been advancing the regulation of RWA and digital assets recently:

Futian Investment Holdings: Issued the world's first RWA public listed digital bond in Hong Kong through the Ethereum public chain, with a scale of 500 million RMB, rated A- by Fitch.

Hong Kong Monetary Authority: As of the end of August, 77 institutions have expressed their intention to apply for a stablecoin issuance license, covering banks, technology companies, asset management firms, and Web3 startups.

These measures indicate that RWA and compliant digital assets are becoming important development directions in the blockchain markets of China and Hong Kong.

Conclusion

The collaboration plan between the Conflux Foundation and listed companies, along with Yunfeng Financial's investment in Ant Group's Pharos public chain, marks a new phase in the integration of Chinese public chains with the capital market. With the advancement of RWA applications and Web3 technology, the future integration of digital assets with TradFi will become even closer, bringing new growth opportunities for investors and industries. For more dynamics of Chinese public chains and the global blockchain market, please follow the official Gate platform.

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