Pharos Network launches pRNH Vault with R25 protocol, providing qualified users with on chain investment channels for high-yield corporate bonds in the United States, with a target scale of $100 million. The Vault is integrated with NYLIM and Anemoy, and Centrifuge provides tokenization technology for NYLIM Anemoy's independent investment portfolio of high-yield corporate bonds in the United States. Users can indirectly hold HYB assets by depositing USDC in Pharos and exchanging it for pRNH tokens through R25. The target annualized return rate is about 7%, and there is no hard lock up period. The architecture is embedded with proxy auxiliary functions.
According to Reuters, the Stand With Crypto Alliance supported by Coinbase announced its endorsement of 32 members of the House of Representatives who voted in favor of the Clarity Act in the November midterm elections. The organization mobilized over 3 million registered advocates to support the re-election of these legislators and plans to publish the list of Senate candidates. The encryption industry invested $170 million in the 2024 election cycle through super political action committees such as Fairshake, and the investment for the 2026 election is close to $200 million.
According to monitoring by AI, an on chain analyst, 10 addresses associated with Bitcoin have accumulated multiple holdings of ETH and BTC worth over 323 million US dollars, with a current floating profit of over 41.95 million US dollars. Among them, ETH holds 65977.9684 multiple positions worth 165 million US dollars, with a floating profit of over 15.08 million US dollars; BTC holds 2000 long positions worth $158 million, with a floating profit of over $26.87 million; Address 0x6c8... d84f6 closed the position and earned a profit of 9.897 million US dollars.
[Ceffu Transfers 3,706,000 TRUMP to Binance, Valued at $9.27 Million]
According to Onchain Lens data, approximately 5 hours ago, Ceffu transferred 3,706,000 TRUMP, valued at approximately $9.27 million, from a custodial hot wallet to Binance.
Analyst Qinba Frank pointed out that the actual amount of funds available for the US Treasury to repurchase US bonds is about $200 billion, far below the market expectation of $1 trillion. If U.S. Treasury Secretary Besant uses the TGA account funds, he needs to reserve about 700 billion dollars to cover social security, medical insurance, treasury bond interest and other expenditures. The subsequent replenishment of TGA accounts by the Ministry of Finance will have a pumping effect on market liquidity.
