Pharos Network and Kun KUN have signed a Memorandum of Understanding to integrate their technologies, aiming to advance RealFi and cross-border payments. The partnership will leverage Pharos's blockchain infrastructure and Kun KUN's licensed payment systems to tokenize supply chain credit assets and facilitate efficient global settlements. This initiative addresses liquidity challenges faced by SMEs in emerging markets by enabling on-chain financial services and reducing settlement friction. The collaboration will focus on tokenizing supply chain credit assets, native on-chain settlements, and enterprise-grade virtual card solutions. Pharos Network's CEO, Wish Wu, emphasized the alignment of Kun KUN's payment expertise with Pharos's RealFi vision. Kun KUN's CEO, Dr. Louis Liu, highlighted the potential for AI-driven optimization of global cash flows. The Pharos mainnet, already hosting over 50 dApps, will benefit from this partnership, enhancing its position in the RealFi sector.
Pharos Network and Kun KUN Partner to Enhance RealFi and Cross-Border Payments
This content is for informational purposes only and does not constitute investment advice.
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