RWA network Pharos lands a $1 billion valuation in $44M funding round ahead of mainnet debut

Pharos, a real-world asset (RWA) blockchain network, has achieved a $1 billion valuation after securing $44 million in a funding round. The capital raise precedes the launch of the network’s mainnet, signaling strong market confidence in the tokenization of traditional assets.

This milestone highlights the accelerating growth and capital inflow into the RWA crypto sector. For investors, it demonstrates that blockchain-based asset tokenization is gaining serious institutional backing, positioning the technology as a critical bridge between traditional finance and digital asset infrastructure.