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>>The Pharos Foundation’s strategic 10.71% investment in GCL ignites a groundbreaking fusion of blockchain technology and solar power assets.

The Pharos Foundation’s strategic 10.71% investment in GCL ignites a groundbreaking fusion of blockchain technology and solar power assets.

crypthub

1 day ago

Strategic Investment Overview

The Pharos Foundation subscribed for 186.5 million new shares, securing a 10.71 % stake in Hong Kong‑listed GCL New Energy Holdings. The transaction valued the shares at roughly US $34.2 million (47.2 billion won), representing about 12 % of GCL’s existing capital. This gives the blockchain foundation direct exposure to a solar‑power producer and its verifiable energy data.

Blockchain Integration and Tokenization

Pharos will embed its Data Asset Token (DAT) framework into GCL’s operational network, converting solar generation, grid‑contribution and carbon‑offset metrics into compliant on‑chain assets. Tokenized energy data creates immutable records, new liquid financial instruments, and transparent ESG indicators for investors. The approach moves beyond data licensing to a deeper asset‑backed blockchain model.

Market, Regulatory and Future Implications

Analysts view the partnership as a milestone in the convergence of distributed‑ledger technology and renewable infrastructure, likely drawing more institutional capital to the RWA tokenization niche. Hong Kong’s evolving digital‑asset regulations provide a supportive environment for compliant tokenized securities. Future products could include yield‑bearing tokens linked to solar output and tradable carbon‑credit tokens, setting a template for other energy firms.