Pharos Network is the fastest EVM-compatible Layer 1 blockchain purpose-built for real-world asset (RWA) tokenization and RealFi applications, unifying Web2 and Web3 at internet scale through modular architecture, deep-parallel execution, built-in compliance, sub-second finality, and 30,000 TPS. Its native PROS token powers the ecosystem by facilitating gas fees, staking for network security, governance participation, and access to compliant on-chain financial products and tokenized assets.
On April 8, 2026, Pharos Network announced its $44M Series A funding round led by GCL New Energy with participation from Sumitomo Corporationās CVC arm, SNZ Capital, Chainlink, Flow Traders and other global finance institutions, bringing total funding to $52M to accelerate on-chain RWA infrastructure across Asia and beyond.