RWA network Pharos lands a $1 billion valuation in $44M funding round ahead of mainnet debut
Burns Brief
The company is building an "asset-native" network designed to handle regulated financial activity at scale, targeting a market it values at $50 trillion Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
The company is building an "asset-native" network designed to handle regulated financial activity at scale, targeting a market it values at $50 trillion.
Key Takeaways
- The company is building an "asset-native" network designed to handle regulated financial activity at scale, targeting a market it values at $50 trillion