Pharos Announces Completion of $44 Million Series A Financing

AirdropBlackHole · 2026-04-08T12:22:20+00:00

Pharos, a Layer 1 network, secured $44 million in Series A funding from undisclosed top institutions to enhance its on-chain real-world asset infrastructure across Asia and globally.

AirdropBlackHole

2026-04-08 12:22:20

Abstract generation in progress

On April 8, Layer 1 network Pharos announced the completion of $44 million in Series A financing, led by several undisclosed top institutions, including Asian private equity funds, a renewable energy listed company, and compliant financial institutions in Hong Kong. The funds will be used to accelerate the construction of on-chain real-world asset (RWA) infrastructure in Asia and globally.

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