Pharos Network raises $44M for RWA Layer 1 ahead of mainnet
Pharos Network, an RWA Layer 1 blockchain, has raised $44M in a Series A to build an “asset-native” onchain infrastructure for tokenized real-world assets (RWA). The RWA funding round was led by both traditional finance and crypto investors, including SNZ Holding (Sumitomo Corporation’s CVC), Chainlink and Flow Traders.
Pharos says its RWA approach focuses on regulated-scale execution. Its architecture uses parallel processing to target high throughput, plus compliance tools such as audit trails and identity checks. The company also cites strong sector growth, with total real-world assets onchain rising to about $24.3B from $14B earlier this year, and it targets a $50T addressable market.
For traders, this is another RWA network funding cycle ahead of mainnet. Near-term price impact on the project’s token is likely limited until mainnet metrics and token economics are clearer, but the fresh institutional-backed RWA narrative can support sentiment around tokenization infrastructure and related builders.
Neutral
Bullish sentiment is possible because Pharos Network is receiving fresh institutional-grade capital for RWA infrastructure, which can lift overall confidence in tokenization narratives. However, both summaries stress that this is primarily infrastructure-focused rather than a direct speculative catalyst, and near-term price impact on the project’s own token is likely limited until mainnet performance and token economics are clearly disclosed.
In the short term, traders may react through sector flows (watching RWA-related builders and liquidity expectations), but without confirmed token-specific incentives or adoption metrics, follow-through is uncertain. Over the long term, if the compliance-first design and throughput claims translate into measurable mainnet traction, it could strengthen the market’s view of RWA networks and improve the sustainability of liquidity for tokenized assets—supporting a more durable bullish bias for the ecosystem rather than immediate token re-pricing.