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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 […]

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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.

under strict embargo 8pm et 14th july 2026 BcUX26 Pharos Brings Institutional Private Credit Onchain with Axil Prime Credit Vault, Targeting 14.3% Yield from Real-World Credit Cash Flows

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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Best Online Casinos in Alberta: CASINOenquirer Launches Licensed Shortlist as the Regulated Market Goes Live

CALGARY, AlbertaCanada’s independent casino authority publishes its definitive, 100% AGLC-licensed shortlist of the best, licensed and most trusted online casino options for Alberta As Alberta becomes the second Canadian province to open a fully regulated online gambling market, independent online casino review and ranking site CASINOenquirer has published its definitive ranking of the best online casinos […]

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Canada’s independent casino authority publishes its definitive, 100% AGLC-licensed shortlist of the best, licensed and most trusted online casino options for Alberta

As Alberta becomes the second Canadian province to open a fully regulated online gambling market, independent online casino review and ranking site CASINOenquirer has published its definitive ranking of the best online casinos in Alberta, a shortlist built exclusively from operators licensed and registered with the Alberta Gaming, Liquor and Cannabis Commission (AGLC). The launch cements CASINOenquirer’s position as the trusted, expert-led source Canadians rely on to find safe, licensed and independently vetted online casinos.

casino ddd Best Online Casinos in Alberta: CASINOenquirer Launches Licensed Shortlist as the Regulated Market Goes Live

With the regulated market now live, Albertans aged 18 and over can play safely with private, provincially licensed operators, backed by full provincial protections, for the first time in the province’s history. But choice brings complexity: with roughly 50 operator registrations on the AGLC list and brands switching on at different times, players need a clear, trustworthy way to separate genuinely licensed sites from unregulated offshore look-alikes. That is exactly the gap CASINOenquirer’s new Best Online Casinos Alberta guide is built to close.

“Today changes everything for Alberta players,” said Jonathan Farrell, Contributing Editor at CASINOenquirer. “For years, most online gambling in the province happened on offshore sites with no local accountability. Now Albertans have a licensed, protected route, and our job is to point them to the very best of the shortlist. Every single casino on our Alberta list is AGLC-registered. Not most of them. Every one. That is the standard we hold, and it is the standard players deserve.”

A regulated market meets a trusted guide

Alberta’s new framework mirrors the model Ontario has run successfully since 2022. Operators must first register with the AGLC, the provincial regulator, then sign a commercial agreement with the Alberta iGaming Corporation (AiGC) before they can accept a single real-money bet. On top of that, every licensed operator must connect to a centralized, province-wide self-exclusion system from day one, offer mandatory deposit and time limits, and meet strict advertising and player-protection standards.

For players, the practical challenge is knowing which brands have actually cleared those hurdles. A familiar logo is not proof of a provincial licence, and an operator’s presence in another market, or under an international licence, does not authorize it in Alberta.

CASINOenquirer’s Best Online Casinos for Alberta guide answers that question in plain language. The guide tracks the AGLC operator register directly, flags which brands are registered versus live, and ranks only those that meet the province’s licensing bar. The result is a 100% licensed shortlist, a resource that treats safety and regulatory standing as the entry requirement, not an afterthought.

How CASINOenquirer chooses the best Alberta online casinos

CASINOenquirer’s rankings are the product of a rigorous, repeatable methodology refined over more than 17 years in the iGaming industry. Rather than chasing marketing hype, the team assesses every operator against six independent criteria:

  • Licensing and safety. Only operators registered with the AGLC qualify for the Alberta list. Regulatory standing is non-negotiable.
  • Brand history and reputation. Long-established, accountable operators with clean track records rank higher than untested newcomers.
  • Game variety and quality. From online slots and progressive jackpots to live dealer tables and classic table games, the depth and integrity of the library matters.
  • Customer experience. Sign-up, verification, cashier flow and support are tested from a real player’s perspective.
  • Payout reliability. Speed, transparency and dependability of withdrawals, including Canadian-friendly methods such as Interac, are weighted heavily.
  • Independent player feedback. Real-world sentiment is factored in to keep rankings honest.

 

This is the same expert framework that has made CASINOenquirer a trusted name for online casino guidance across Canada, including in Ontario, the country’s first regulated market. Alberta is a natural extension of that authority: a new market, judged by the same uncompromising standard.

For Albertans searching for the best-rated real money online casinos in Alberta in 2026, the value is clarity. Instead of wading through unverified lists, aggressive marketing or offshore sites dressed up to look local, players get a single, expert-curated view of the safe and trusted online casinos actually licensed to operate in their province. Each ranking explains why an operator earns its place, what it does well, and how it protects players, the kind of first-hand, transparent detail that separates a genuine review authority from a directory. It is the same reason Canadians nationwide have come to treat CASINOenquirer as a reliable starting point for finding licensed, reputable online casinos, whether they are in Alberta, Ontario or anywhere the regulated market expands next.

Safe, licensed and trusted: by design, not by accident

The defining feature of CASINOenquirer’s Alberta coverage is what it deliberately excludes. Unregulated and grey-market operators that continue to target Albertans without provincial registration do not appear on the list, no matter how prominent their brand. Under Alberta’s new rules, operators that keep serving the province without an AGLC licence are treated as unregulated, and continued unlicensed activity can result in a finding of unsuitability for future Alberta licensing.

“Trust is the whole product,” said Bojan Lipovic, iGaming Content Editor at CASINOenquirer. “Anyone can publish a list of casinos. What makes ours worth reading is the discipline behind it, the operators we leave off. When an Albertan lands on our Best Online Casinos Alberta page, they can be confident that every option in front of them is licensed by the AGLC, bound by the province’s consumer-protection standards, and connected to the same self-exclusion tools. That confidence is what we’ve spent nearly two decades building, and it’s what Canadian players tell us they value most.”

That editorial discipline is reinforced by CASINOenquirer’s commitment to transparency and expertise. The site’s guides are written and reviewed by named, experienced iGaming specialists, clearly attributed and regularly updated, an approach designed to give readers a clear signal of genuine authority, first-hand knowledge and trustworthiness.

Built on Canadian iGaming expertise

CASINOenquirer has been serving Canadian players since 2019 and is operated by a team with deep, operator-side and affiliate experience across the global online gambling industry. That background gives the team an unusually clear view of how iGaming markets work, how registration and compliance actually function behind the scenes, why provincial oversight matters, and what separates a genuinely player-first operator from the rest.

The launch of Alberta’s regulated market is a milestone for Canadian iGaming, and CASINOenquirer’s expanded coverage reflects the moment. Alongside the Alberta casino guide, the site maintains detailed, market-specific resources including licensed Ontario casino rankings, a Canada-wide real-money casino guide, and dedicated guides to safe payment methods, responsible gambling, and casino taxation in Canada. Together, these resources position CASINOenquirer as a comprehensive, trustworthy destination for Canadians looking to find the best online casinos, province by province.

“Alberta is the next chapter in a much bigger story,” Farrell added. “Canada is moving, province by province, toward regulated, locally accountable online gambling. CASINOenquirer intends to be the name Canadians associate with finding the best and safest licensed options in every one of those markets. We were there for Ontario. We’re here for Alberta on day one. And we’ll be ready for whatever province comes next.”

A responsible-gambling-first approach

CASINOenquirer’s Alberta guide places responsible gambling at its core. In line with the AGLC’s advertising and social-responsibility standards, the guide does not promote bonuses or inducements in its public listings, and it foregrounds the tools and support available to Alberta players, including deposit, loss and time limits, cool-off periods, and the province’s centralized self-exclusion system.

Every operator featured is presented with clear 18+ messaging and direct links to Alberta’s responsible-gambling resources, including AGLC’s GameSense program and the Alberta Health Services Addiction Helpline. CASINOenquirer’s position is unambiguous: gambling should always be entertainment, never a way to make money, and the safest way to play in Alberta is through a licensed, regulated operator with full player protections in place.

Full guide and listings can be found at: https://thecasinoenquirer.com/best-online-casinos-alberta/

About CASINOenquirer

CASINOenquirer (thecasinoenquirer.com) is an independent online casino review authority helping players find the safest and most trusted licensed online casinos. Live since 2019 and backed by more than 17 years of combined iGaming industry experience, CASINOenquirer combines rigorous, criteria-based reviews, real-money testing and named expert authorship to deliver rankings players can rely on. The site’s guiding principle is simple: only safe, regulated operators earn a place on its lists. CASINOenquirer is committed to responsible gambling and provides players with the information and tools they need to make safe, informed choices.

Disclaimer:

This content is provided for informational purposes only and does not constitute gambling, legal or financial advice. Online gambling in Alberta is restricted to individuals aged 18 and over. Players should independently verify an operator’s current AGLC licensing status before registering or depositing funds. Gambling involves financial risk and should be treated as entertainment only. Please gamble responsibly.

Media Contact:
CASINOenquirer
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 […]

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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.

upscalemedia transformed Axonect & Commercial Bank Showcases Open Digital Architecture in Fintech – A Global IndustryFirst

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 […]

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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.

blindlogic Blind Logic – The Ralph R. Teetor Story Special Screening at the Pickwick TheatreRalph & 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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