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๐ฅPharos has completed a $44 million Series A funding round, with the funds to be used to build RWA infrastructure.
Layer 1 network Pharos announced the completion of a $44 million Series A funding round, led jointly by several undisclosed leading institutions, including Asian private equity funds, renewable energy listed companies, and compliant financial institutions in Hong Kong. The funds will be used to accelerate the development of on-chain real-world asset (RWA) infrastructure in Asia and globally.