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Pharos Announces Completion of $44 Million Series A Financing

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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