Pharos announces completion of $44 million Series A funding

BlockBeats message, April 8, Layer 1 network Pharos announced the completion of a $44.0 million Series A round of financing, co-led by multiple undisclosed leading institutions, including an Asia private equity fund, a listed new energy company, and a Hong Kong compliant financial institution. The funds will be used to accelerate the construction of on-chain real-world asset (RWA) infrastructure across Asia and globally.

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