Pharos Network raise $44M for RWA Layer 1 before mainnet
Pharos Network, na be na RWA Layer 1 blockchain, don raise $44M for Serie A to build on-chain infrastructure wey dem dey call “asset-native” for tokenized real-world assets (RWA). Di RWA funding round get both traditional finance and crypto investors wey lead am, like SNZ Holding (Sumitomo Corporation CVC), Chainlink and Flow Traders.
Pharos talk say im RWA approach dey focus on regulated-scale execution. Dem architecture dey use parallel processing to target high throughput, plus compliance tools like audit trails and identity checks. Di company also yarn say di sector dey grow well, as total real-world assets onchain don rise to about $24.3B from $14B earlier dis year, and dem target $50T addressable market.
For traders, na another RWA network funding cycle before mainnet. Short-term price impact on di project token fit dey limited until mainnet metrics and token economics clear, but di new institutional-backed RWA narrative fit boost sentiment for tokenization infrastructure and related builders.
Neutral
Bullish feeling fit happen because Pharos Network dey get fresh institutional-grade capital for RWA infrastructure, wey fit boost overall confidence for tokenization story. But both summaries talk say na infrastructure e dey focus on, no be direct speculative catalyst, and short-term price effect for the project token likely small until dem clear about mainnet performance and token economics.
Short-term, traders fit react through sector flows (watch RWA-related builders and liquidity expectations), but without confirmed token-specific incentives or adoption metrics, follow-through no certain. Long-term, if the compliance-first design and throughput claims turn to measurable mainnet traction, e fit strengthen market view of RWA networks and improve sustainability of liquidity for tokenized assets—supporting a more durable bullish bias for the ecosystem rather than immediate token re-pricing.