Pharos Networth $1B, Tokenizes $24B Assets
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Pharos Network secures $44M in Series A funding for their blockchain platform, tokenizing real-world assets. Backed by Sumitomo, Chainlink, Flow Traders, and unnamed finance players, they aim to revolutionize regulated finance with parallel processing and compliance tools. With $24.3B in real-world assets on chain, Pharos targets a $50T market, fueled by a partnership with energy giant GCL and an active testnet. Mainnet launch imminent, Pharos poised to lead the tradfi-crypto integration.
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