Techub News reports that, according to Cointelegraph, EVM L1 blockchain Pharos and Xsunt New Energy, a Hong Kong Stock Exchange-listed company, have completed a new round of capital cooperation upgrade. Xsunt New Energy completed its investment subscription in Pharos at a valuation of nearly $1 billion. The two parties will collaborate on scenarios including new energy asset tokenization, distributed energy trading, and carbon footprint tracking, promoting the scaled implementation of RWA.

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