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The 10,000 ETH purchased by Yunfeng Finance may directly become the next round of financing for Pharos.
@pharos_network The new round of financing should be announced soon, and it is said that the amount is also 44M, consistent with what Yunfeng disclosed.
The latest round of financing can be seen on the Cryptorank website.
Additionally, Yunfeng has used the wording "strategic xx" in announcements for two consecutive days, indicating a desire for deep cooperation (or merger?) with Pharos.
As for whether this 10000 ETH is controlled by Pharos itself or can only be used as RWA investment on the Pharos mainnet for everyone to see.
Or the ownership, management, and operation after Pharos will be transferred to Yunfeng.
It looks quite interesting no matter how you look at it. I'll take a closer look at Yunfeng tomorrow.