• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Pharos Network Teams Up with Morpho for Tokenized Asset Lending

user avatar

by Giorgi Kostiuk

2 days ago


Pharos Network has announced a partnership with the lending network Morpho aimed at launching lending backed by tokenized real-world assets. This collaboration enhances the utility of real assets and provides new financial opportunities.

Collaboration Between Pharos and Morpho

Pharos Network has announced its partnership with Morpho to initiate new lending backed by tokenized real-world assets (RWA). This innovation will provide Pharos with new lending capabilities and increase the attractiveness of tokenized assets. Morpho, known for its lending infrastructure with over $9 billion in deposits, will begin utilizing its technology on Pharos’s Layer 1, marking a new endeavor for them.

Growth of Tokenized Assets

Tokenized real-world assets already constitute a $25 billion sector, experiencing a growth rate of 5% monthly throughout 2025. Pharos plays a vital role in accelerating this process by offering EVM compatibility and necessary scalability for access to the growing on-chain RWA economy. The partnership with Morpho will enhance the functionality of tokenized assets.

DeFi Prospects for Institutional Investors

The integration of Morpho with Pharos will foster the development of specialized solutions for institutional clients. This includes the design of new vaults for asset storage and utilization, along with creating opportunities for lending and borrowing. Morpho's Kirk Hutchison noted that this collaboration will contribute to building more transparent and scalable credit systems for the market.

Deploying natively on Pharos allows us to keep extending Morpho's most trusted lending infrastructure to the real-world asset space following initial success like private credit and tokenized stocks.Kirk Hutchison

The collaboration between Pharos Network and Morpho opens new horizons for lending and the utilization of tokenized real-world assets. This step is towards creating safer and more transparent financial systems, significantly enhancing the attractiveness of RWA for institutional investors.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Potential of Cardano and Sui: Who Leads the Next Round?

chest

The article reviews the prospects of Cardano and Sui cryptocurrencies, as well as the features of Cold Wallet.

user avatarGiorgi Kostiuk

AI Companions: Thriving and Dominating the Market

chest

AI companions are becoming an integral part of the digital economy, generating growing interest and revenue of $120 million by 2025.

user avatarGiorgi Kostiuk

Federico Carrone's Ethereum Research Leads to Detention in Turkey

chest

Blockchain developer Federico Carrone was detained in Turkey, but released after international intervention.

user avatarGiorgi Kostiuk

Michael Saylor on Bitcoin as a Major Capital Asset

chest

Michael Saylor from MicroStrategy highlights Bitcoin as a stable asset devoid of financial risks.

user avatarGiorgi Kostiuk

Strong NEAR and PEPE Movements: A New Surge in Crypto Market

chest

NEAR reaches a new level while PEPE firmly holds support. Overview of recent events in the cryptocurrency market.

user avatarGiorgi Kostiuk

Dogecoin and Tron: Support and Stability in the Crypto Market

chest

Cryptocurrency market: Dogecoin tests support level while Tron shows stability after a major sell-off.

user avatarGiorgi Kostiuk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.