Pharos, a Layer 1 public blockchain project, has entered a strategic partnership with CX New Energy, subscribing to 186.5 million new shares valued at nearly HKD 193 million. This collaboration involves Pharos providing future equity and token subscription rights to CX New Energy, allowing them to acquire Pharos shares and digital tokens under specific conditions. The partnership aims to utilize Pharos' Data Asset Token (DAT) framework to convert real-world energy data into standardized financial assets on the blockchain. This initiative seeks to explore the application of Web3 technology in the energy sector, potentially transforming how energy data is managed and monetized.