Pharos Bets on ‘RealFi’ for Mainnet Launch and Why Its CEO Thinks RWAs Need a New Kind of Blockchain

As competition among Layer 1 blockchains intensifies, real-world assets (RWAs) are emerging as a key focus area for the next phase of ecosystem development, with platforms like Solana, Aptos, NEAR Protocol, Sui, and Avalanche exploring different approaches. Backed by $52 million in funding and launched alongside its $PROS token, Pharos is entering a crowded market