Layer 1 network Pharos has announced the completion of a $44 million Series A funding round on April 8. According to BlockBeats, the round was led by several undisclosed major institutions, including an Asian private equity fund, a new energy public company, and a Hong Kong-compliant financial institution. The funds will be used to accelerate the development of on-chain real-world asset (RWA) infrastructure across Asia and globally.#Pharos #SeriesA #funding #RWA #infrastructure #Layer1 #privateequity #newenergy #financialinstitution #Asia #globaldevelopment