Hong Kong-listed energy company subscribes to 10% stake in Pharos, Web3 asset tokenization lands in new energy

Deep collaboration between Web3 projects and traditional listed companies is accelerating. According to the latest news, RealFi inclusive finance Layer 1 Pharos has officially signed a subscription and investment agreement with Hong Kong-listed new energy company GCL New Energy (00451.HK). This marks another significant case of Web3 technology expanding into the physical industry.

Specific Terms of the Collaboration

The core details of this transaction include:

• Pharos subscribing to approximately 10% of GCL New Energy’s shares
• Issue price of HKD 1.033 per share
• Issue scale of 186.5 million shares
• Focus of cooperation: asset tokenization applications, data asset token(DAT) framework, Web3 technology applications in the new energy sector

This proportion is not small. A 10% stake means Pharos will become an important shareholder of GCL New Energy, rather than just a financial investor.

Collision of Advantages from Both Sides

The interesting aspect of this cooperation is that both parties have their strengths.

GCL New Energy brings: the identity of a Hong Kong-listed company, practical resources in the new energy field, a complete industrial chain, and a customer base. This company has many years of operational experience in photovoltaic, wind power, and other areas.

Pharos brings: institutional-level asset tokenization technology solutions, data asset tokenDAT framework, and Web3 infrastructure. These are precisely the parts that traditional enterprises lack.

Simply put, one has real assets and business, the other has blockchain technology and tokenization solutions. Combining the two can transform production data, revenue rights, and other assets of new energy into on-chain assets.

Imagination of Web3 Technology Applications in New Energy

The most noteworthy aspect of this cooperation is the implementation of the DAT framework. What does data asset tokenization mean?

For example, the daily power generation data and revenue data from photovoltaic power stations, which were originally just internal digital records, can be standardized and tokenized through the DAT framework, enabling circulation on the blockchain. This opens the door to several applications:

• Transparent trading of energy data
• Fine segmentation and transfer of power station revenue rights
• Innovative supply chain financing methods
• A new asset class for institutional investors

From this perspective, this is not just a financing deal but also a testing ground for technological applications.

Market Significance on Several Levels

For Pharos, this is an extension from financial services into the physical industry. Gaining a real, fully operational partner allows validation of the DAT framework’s usability in real scenarios.

For GCL New Energy, this is a strategic bet on new technology. Through cooperation with Pharos, they can explore how blockchain technology can optimize asset management, financing methods, and data circulation.

For the entire Web3 ecosystem, this is a signal: traditional industries are truly embracing Web3 technology, beyond just conceptual discussions.

Future Directions to Watch

This cooperation has just been announced, and specific application implementations will take time. Future points of focus include:

• The first application cases of the DAT framework in GCL New Energy
• New financing methods enabled by tokenization
• Whether other new energy companies will follow with similar collaborations
• Regulatory attitudes towards energy data tokenization

Summary

The collaboration between Pharos and GCL New Energy is not just a simple financing event but a concrete example of Web3 technology penetrating the real economy. Asset tokenization is moving from theory to practice, with the new energy industry becoming one of the first testing grounds. If successful, this approach could serve as a reference for other traditional industries. Continued observation of this partnership’s progress is highly recommended.