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Pharos Brings Institutional Private Credit Onchain with Axil Prime Credit Vault, Targeting 14.3% Yield from Real-World Credit Cash Flows
Hong KongA $100M USDC vault gives onchain depossitors access to a strategy class long reserved for funds and family offices — built on real credit, not token emissions Financial & AI Layer 1 Pharos Network today announced the launch of the Axil Prime Credit Vault (APC), a fully onchain institutional private credit strategy that opens an asset […]
Hong Kong
A $100M USDC vault gives onchain depossitors access to a strategy class long reserved for funds and family offices — built on real credit, not token emissions
Financial & AI Layer 1 Pharos Network today announced the launch of the Axil Prime Credit Vault (APC), a fully onchain institutional private credit strategy that opens an asset class historically gated to institutions to a broader base of onchain depositors. Distributed through leading platforms including OKX Wallet, Binance Wallet, TopNod, and Kucoin Wallet, the vault targets a yield of up to ~14.3% APY and is capped at $100 million USDC.

Private credit has become one of the fastest-growing corners of global finance, with institutional allocators directing hundreds of billions into the The AI Infrastructure Stack Decomposed: Compute, Training, and Execution as three separate markets asset class in search of yield uncorrelated to public markets. Until now, that access has been effectively closed to anyone outside large funds, family offices, and institutional desks. APC is designed to change that distribution.
“Institutions and professional investors have always reached the best private credit opportunities first. Pharos is helping real value and real users of Realfi collapsing that gap,” said Wish Wu, Co-founder & CEO of Pharos. “This is not related to point farming or inflationary yield. This is generated by real-world consumer credit cash flows that everyone can access every day.”
Real yield, real credit
The Axil Prime Credit Vault provides exposure to a diversified private credit portfolio sourced through institutional-grade infrastructure. Its target yield is composed of approximately 11.3% from the underlying private credit portfolio, plus approximately 3% in $PROS, Pharos native coin, ecosystem incentives from Pharos, a return profile linked to real-world credit markets rather than crypto-native emissions or speculative trading.
The vault is a 100% Axil-managed strategy deployed through R25 Protocol on Pharos, structured across Pharos serves as the distribution and settlement layer, providing access for RealFi users; Axil acts as credit manager and vault operator, responsible for portfolio construction and credit strategy; R25 provides the real-world asset infrastructure connecting onchain capital to off-chain credit.
Built for access
APC follows the success of Pharos’ earlier pAlpha Vault. Also centered on real yield, pAlpha vault operated securely throughout its lifecycle with no security incidents. APC is built on the same rigorous risk-management and operational standards, extending that proven framework into private credit.
Depositors can fund the three-month vault using either Pharos-native USDC powered by Circle or assets bridged from Ethereum, lowering the friction for capital across networks. APC reaches depositors through leading industry platforms, with distribution confirmed via OKX Wallet, Binance Wallet, TopNod, and Kucoin Wallet, extending the vault’s reach to qualified users well beyond any single ecosystem.
Access opens to the public on July 15, with capacity limited to $100 million USDC. Under the vault’s “deposit earlier, earn longer” structure, depositors who join sooner accrue more yield-bearing days before the lock-up period begins.
About Pharos
Pharos is a financial and AI Layer 1 built for RealFi. It delivers the compliant infrastructure needed for institutional assets and internet-scale capital markets. Designed to coordinate real-world financial activity onchain, Pharos combines deep-parallel execution (SALI engine), modular SPNs, and protocol-level compliance infrastructure, integrating ZK-KYC / AML mechanisms, AsyncBFT consensus, native AI agent support (X402 protocol), and dualVM (EVM + WASM compatibility), to support RWAs, stablecoins, cross-border settlement, onchain yield markets, and agent-mediated commerce at internet scale.
The network is supported by strategic partners across the global financial stack, including Circle, Chainlink, Anchorage Digital, Morpho, and Centrifuge, connecting regulated capital markets with onchain liquidity venues where real-world assets can be actively deployed into real-yield-generating strategies.
Built by former Ant Group leadership and engineers, backed by leading global investors across TradFi and crypto, including Sumitomo Corporation, Flow Traders, SNZ, Hack VC, and Faction VC, Pharos is developing the infrastructure layer for the next era of programmable finance and the agentic economy.
Media Contact:
Felix Clarke
Email: [email protected]
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Axonect & Commercial Bank Showcases Open Digital Architecture in Fintech – A Global IndustryFirst
LONDON, UKAxonect and Commercial Bank showcased a global industry-first deployment of TM Forum’s Open Digital Architecture (ODA) in Fintech at DTW Ignite, demonstrating how a telco-grade architecture can be applied successfully to modern banking transformation. Presented at TM Forum’s DTW Ignite in Copenhagen, Anthony Rodrigo, CEO of Axonect and Sumudu Gunawardhana, CIO of Commercial Bank demonstrated how ODA, originally deployed within the telecom industry, can be applied to financial services as a foundation for modern composable banking. The successful deployment at Commercial […]
LONDON, UK
Axonect and Commercial Bank showcased a global industry-first deployment of TM Forum’s Open Digital Architecture (ODA) in Fintech at DTW Ignite, demonstrating how a telco-grade architecture can be applied successfully to modern banking transformation.
Presented at TM Forum’s DTW Ignite in Copenhagen, Anthony Rodrigo, CEO of Axonect and Sumudu Gunawardhana, CIO of Commercial Bank demonstrated how ODA, originally deployed within the telecom industry, can be applied to financial services as a foundation for modern composable banking. The successful deployment at Commercial Bank facilitated by Axonect, positions ODA as a practical architecture for banks seeking to modernize complex legacy environments while maintaining governance, resilience, and regulatory control.
“Already trusted by the telecom industry, ODA is now proving its relevance wherever connectivity is a driver of growth. Axonect and Commercial Bank are demonstrating how a common, open architecture can bridge telecom and financial services, creating new opportunities for innovation and collaboration,” said Willie Stegmann, EVP, Composable IT & Ecosystems, TM Forum. “It reinforces the role of open architectures in helping organizations scale AI, simplify integration, and support new business models.”
“Axonect’s ODA-aligned platforms have enabled Commercial Bank to strengthen and modernize its core technology ecosystem, evolving beyond traditional telco middleware into an enterprise-grade turnkey operating system for financial modernization. This gives banks the agility, scalability, and innovation speed of a public cloud environment, while maintaining the sovereign data governance, security, and operational control required by a leading financial institution,” said Sumudu Gunawardhana, CIO of Commercial Bank, speaking at DTW Ignite.
This ODA deployment at Commercial Bank, Sri Lanka’s largest private bank, has delivered real, measurable value, including 30–43% core efficiency gains, a reduction in OpEx footprint from 70% to 33%, the fastest Google Pay deployment globally, instant PayPal cross-border remittance clearing, 40+ live microservices across BIAN-compliant domains, 200+ active APIs, 99.99% availability, secure cryptographic boundaries, policy-driven compliance, and live operations across three countries.
“ODA was created to help the telco industry bring order, agility, and scale to complex digital ecosystems. What we have proven with Commercial Bank is that the same architectural discipline can now help reimagine how banks modernize,” said Anthony Rodrigo, CEO of Axonect. “As agentic AI, APIs, sovereign data, and cloud operating models converge, ODA has the potential to become a common blueprint for secure, intelligent, and future-ready enterprise transformation. This global industry-first is more than a milestone for Commercial Bank and Axonect; it is a signal that enterprises across industries can modernize with precision, confidence, and impact.”
For Commercial Bank, the next phase of the journey is about advancing from composable banking to secure agentic banking — with Axonect Fabric enabling a more autonomous, AI-native software delivery lifecycle from business requirement discovery through API development, QA, CI/CD, and production. Built with agentic security, sovereign governance, and auditable AI at its core, this evolution also opens the path for broader open finance ecosystem expansion, governed AI across banking use cases, and scalable adoption across new markets and sectors.

With the ODA Fintech Playbook now live, Axonect is helping define how ODA can move from telecom architecture into fintech execution and industry-wide impact.
About TM Forum
TM Forum is an alliance of over 800 organizations spanning the global connectivity ecosystem, including the world’s top ten Communication Service Providers (CSPs), top three hyperscalers and Network Equipment Providers (NEPs), vendors, consultancies and system integrators, large and small.
We provide a place for our Members to collaborate, innovate, and deliver lasting change. Together, we are building a sustainable future for the industry in connectivity and beyond.
To find out more, visit: www.tmforum.org
About Commercial Bank of Ceylon PLC
Commercial Bank operates more than 270 strategically-located branches and an extensive network of automated machines island-wide, and has the widest international footprint among Sri Lankan banks, with 21 branches in Bangladesh, a fully-fledged Tier I Bank with a majority stake in the Maldives, a microfinance company in Myanmar, and a representative office in the Dubai
International Financial Centre (DIFC). The Bank’s fully-owned subsidiaries, CBC Finance PLC and Commercial Insurance Brokers (Pvt) Limited, also deliver a range of financial services via their own branch networks.
To find out more, visit: www.combank.lk
Media Contact:
Dogukan Gorkem Onsal
Email: [email protected]
Website: https://redpress.net
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Blind Logic – The Ralph R. Teetor Story Special Screening at the Pickwick Theatre
LOS ANGELES, CABlind Logic Productions announced that Chautauqua-Wawasee and the Syracuse – Wawasee Historical Museum will co-sponsor a special screening of Blind Logic: The Ralph R. Teetor story, at the historic Pickwick Theatre in uptown Syracuse, Indiana, on Tuesday, July 28, 2026. Donations from the event will benefit the museum. Ralph & Jay Smith in Miss Detroit […]
LOS ANGELES, CA
Blind Logic Productions announced that Chautauqua-Wawasee and the Syracuse – Wawasee Historical Museum will co-sponsor a special screening of Blind Logic: The Ralph R. Teetor story, at the historic Pickwick Theatre in uptown Syracuse, Indiana, on Tuesday, July 28, 2026. Donations from the event will benefit the museum.
Ralph & Jay Smith in Miss Detroit II
Blind Logic Productions is proud to partner with Chautauqua-Wawasee and the Syracuse-Wawasee Historical Museum in support of the museum. This screening is part of Chautauqua-Wawasee’s Famous Hoosier Annual Series, which has highlighted notable figures such as Eli Lilly in 2025 and John Wooden in 2024. Chautauqua-Wawasee is dedicated to enriching lives and strengthening the community, while the Syracuse-Wawasee Historical Museum preserves and exhibits artifacts connected to the families, lakes, businesses, and industries of the Syracuse-Wawasee area.
Filmmaker Jack Teetor shared, “We are excited to partner with these esteemed community organizations and return to the historic Pickwick Theatre, sharing the life of Ralph Teetor, and his Lake Wawasee history with the Syracuse-Wawasee community.” Mark Knecht, President of Chautauqua-Wawasee, added “We’re excited to feature Ralph Teetor as the third person in our Famous Hoosiers series which featured Eli Lilly last year, and John Wooden in 2024”. Ann Garceau, local historian and Board Member of the Syracuse-Wawasee Historical Museum commented, “As a youngster living at Lake Wawasee, I had the opportunity to know members of the Teetor families as neighbors and friends. It’s been my pleasure to renew those acquaintances through honoring Ralph and Dan Teetor.” Dan Teetor is the grandfather of Jack Teetor, composer Jim Andron, and the late Dan Teetor, Jack’s older brother.
Ralph Teetor’s history at Lake Wawasee dates to 1914, where he built his first speedboat, becoming a favorite hobby. His parents soon thereafter purchased a cottage on the lake, beginning a long history at Lake Wawasee, still enjoyed by Teetor’s great-grandchildren today.
Teetor later purchased the 250-horsepower racing boat Miss Detroit II, built by Chris and Jay Smith, founders of the Chris-Craft Boat Company. Teetor and his cousin, Dan Teetor, piloted Miss Detroit II at speeds exceeding 70 mph, an insane speed over water for that era.
“Blind Logic: The Ralph R. Teetor Story” chronicles the inspirational life of Ralph R. Teetor, a blind American visionary and automotive pioneer who overcame unthinkable odds to leave a lasting impact on the automotive industry. His inventions, including an automatic gearshift and Cruise Control, are now commonplace. For decades, Teetor pushed the boundaries of automotive safety, performance, and economy. As Ralph Teetor famously stated in 1945, “I am not handicapped because I never considered myself so.”
This film features renowned trailblazers Lyn St. James, legendary race car driver and 1992 Indy 500 “Rookie of the Year;” Franz von Holzhausen, Chief Designer at Tesla, Inc.; Sarah Cook, President of the Automotive Hall of Fame; and Leslie Mark Kendall, Chief Historian at the Petersen Automotive Museum.
The documentary features Emmy Award winners Jeff Daniels and Mike Rowe, along with Emmy nominated Barry Corbin. The film’s award-winning creative team includes editor Derek Tow, composer Jim Andron, photo editor the late Daniel Teetor, and sound editors Darren King, Nikola Simikic, and Amanda Roy. Written, directed, and produced by Jack Teetor, this documentary is based on the book “One Man’s Vision – The Life of Automotive Pioneer Ralph R. Teetor,” by the late Marjorie Teetor Meyer.
The motion picture about Ralph Teetor is currently in development entitled “One Man’s Vision,” reuniting the creative team behind the acclaimed 2024 biopic Reagan to bring his extraordinary life to a new audience. https://onemansvision.com/
BLIND LOGIC PRODUCTIONS, LLC Los Angeles, CA www.blindlogicproductions.com
CHAUTAUQUA-WAWASEE Syracuse, IN www.chautauquawawasee.org/
SYRACUSE-WAWASEE HISTORICAL MUSEUM www.syracusemuseum.org/
Media Contact:
LA Media Consultants
Email: [email protected]
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WiseGlow Unveils AI+Energy Solution WiseGlow Platform, Demonstrating a Practical Pathway from Energy Digitalisation to Autonomous Energy in Europe
MUNICH, GERMANY – July 14, 2026At Intersolar Europe 2026, WiseGlow unveiled its WiseGlow Platform and presented its full portfolio of intelligent energy solutions, including hardware-agnostic Energy Digitalisation technology, AI-powered Energy Management Systems (EMS), and Intelligent Asset Management platforms. Built on an AI-native architecture extending upward from the operating-system layer, the platform unifies fragmented energy assets into coordinated Autonomous Energy systems. As […]
MUNICH, GERMANY – July 14, 2026

At Intersolar Europe 2026, WiseGlow unveiled its WiseGlow Platform and presented its full portfolio of intelligent energy solutions, including hardware-agnostic Energy Digitalisation technology, AI-powered Energy Management Systems (EMS), and Intelligent Asset Management platforms. Built on an AI-native architecture extending upward from the operating-system layer, the platform unifies fragmented energy assets into coordinated Autonomous Energy systems.
As the energy transition accelerates across global markets, the launch reflects a structural shift — from Europe to North America and beyond — in which the industry is moving away from capacity-driven renewable expansion toward system-wide Energy Optimisation, Energy Flexibility orchestration, and digitalised operations. Within this context, WiseGlow Platform is positioned not as a conceptual framework, but as a field-tested system already validated across multiple North American and European markets. By enabling seamless Distributed Energy Resource (DER) coordination, it provides a practical reference point for how energy systems can evolve toward Autonomous Energy.
Proven European Deployment and Operational Validation
WiseGlow has deployed the WiseGlow Platform across Germany, Italy, and other global markets, covering commercial, utility-scale, and residential photovoltaic and storage projects. In Germany, its EMS-based optimisation system has been applied across multiple PV and hybrid energy asset scenarios, delivering measurable improvements in Energy Forecasting accuracy, dispatch efficiency, and trading Energy Optimisation. In Italy, a pilot deployment of its integrated Smart Energy Platform achieved up to a 15 percent increase in annual energy yield and a 7 percent reduction in operational costs through predictive maintenance and Intelligent Asset Management.
Across Europe, the company has delivered more than 500 projects and currently manages over 180 MW of PV assets, with a total project pipeline exceeding 1 GW. These real-world deployments form the foundation of the company’s approach: combining AI-native software with full lifecycle energy asset execution, from system design and EPC integration through to operation.
Platform Architecture: From Digitalisation to Autonomous Energy
The WiseGlow Platform integrates four core capabilities that collectively enable the transition from Energy Digitalisation toward fully autonomous operation.
First, hardware-agnostic digitalisation enables seamless integration with existing energy infrastructure without requiring costly hardware replacement, reducing CAPEX barriers while accelerating deployment across DER assets.
Second, the AI-powered Energy Management System (AI-powered EMS) applies AI-driven models across generation, load, and price signals to optimise trading strategies and energy dispatch. It supports participation in Energy Flexibility markets while improving revenue performance across asset portfolios.
Third, Intelligent Asset Management introduces predictive maintenance, lifecycle optimisation, and performance analytics, allowing operators to enhance asset reliability and reduce downtime across solar and BESS systems.
Fourth, orchestration capabilities enable real-time coordination of distributed assets (DER), laying the operational foundation for VPP deployment. Together, these capabilities transform isolated assets into a Smart Energy Platform supporting dynamically coordinated energy networks.
End-to-End Value Across Energy Stakeholders
For commercial and industrial (C&I) users, the WiseGlow Platform enhances energy cost control and operational efficiency. For renewable operators, it improves asset yield and long-term profitability. For storage operators, it enables intelligent charging strategies and participation in Energy Flexibility markets with improved arbitrage performance and stronger Energy Optimisation outcomes. WiseGlow also extends its solution into land and infrastructure development through its GREENFIELDS initiative, converting underutilised land into distributed renewable generation assets integrated with digital control systems, supporting local Energy Flexibility and grid stability.
A Global Technology Ecosystem
Deeply rooted in European innovation, WiseGlow benefits from a global collaboration network spanning advanced AI operating system capabilities, Energy Forecasting models, edge intelligence frameworks, and industrial IoT expertise. Strategic partnerships with global technology leaders including ThunderSoft, Amazon, Huawei, Qualcomm, and Google have laid a solid foundation for expansion into high-growth domains such as BESS integration, DER aggregation, VPP enablement, and AI-ready energy infrastructure including data centres.
As Europe accelerates its energy system transformation, the WiseGlow Platform positions itself as both a validated operational solution and a reference architecture for the next phase of Autonomous Energy systems.
About WiseGlow
WiseGlow is headquartered in Italy and positions itself as an AI-native energy transition solution platform, committed to enabling the future of autonomous energy systems beginning with solar energy. It provides full lifecycle products and solutions combining solar power, storage systems, and distribution, built on intelligent plant design, advanced AI-native software and control systems, and optimised operations and maintenance capabilities. This approach enables green, programmable, and competitive solar megawatt-hours, and empowers energy companies with improved operational efficiency, stronger asset performance, optimised trading, and enhanced long-term investment returns.
For more information, visit: wiseglow.com/en
WiseGlow | WiseGlow Platform | Energy Digitalisation | Energy Flexibility | EMS | DER | BESS | Intelligent Asset Management | Smart Energy Platform | Energy Forecasting | Energy Optimisation | Autonomous Energy
Media Contact
WiseGlow
Email: [email protected]
Website: wiseglow.com/en
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