Pharos, a programmable Layer 1 open finance, officially integrated the Chainlink standard from day one of its mainnet launch.
The project selected Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as the canonical cross-chain infrastructure, which ensures secure and reliable cross-chain value transfer and messaging.
Pharos has also deployed Chainlink Data Streams to support the development of high-quality real-world asset (RWA) markets with fast and accurate price data. Built on Chainlink’s tokenization infrastructure, Pharos is positioned to scale enterprise-grade tokenized RWAs for global adoption.
Pharos aims to deliver cutting-edge business solutions for institutions focused on green finance, digital payments and programmable asset ownership. The platform aims to make institutional-quality RWAs accessible to individual investors, accelerating RWA adoption, expanding access to DeFi, and adding new participants to the ecosystem.
To power these markets and connect them to the broader multi-chain landscape, Pharos relies on accurate, low-latency on-chain market data and a secure infrastructure for value and message transfer, making Chainlink Data Streams and Chainlink CCIP critical components of its architecture.
“Pharos adopting Chainlink CCIP as its canonical cross-chain infrastructure and Chainlink Data Streams for low-latency market data represents a major step forward in enabling secure, high-performance, cross-chain applications. By adopting the Chainlink interoperability standard, Pharos enables builders to launch institutionally scalable applications for tokenized real-world assets, powered by the same secure Chainlink infrastructure that has already enabled tens of trillions in onchain transaction value,” said Johann Eid, Chief Business Officer at Chainlink Labs
By leveraging CCIP as a cross-chain foundation, Pharos takes advantage of multiple layers of deep security provided by Chainlink’s decentralized Oracle Networks (DONs). These networks consist of high-quality oracle node operators that independently validate each cross-chain transaction.
The integration of CCIP also enables secure and simplified token transfers via the Cross-Chain Token (CCT) standard, making tokens directly transferable between chains without a vendor lock-in.