Pharos, a finance-specific Layer-1 blockchain, announced on the 28th through its official channels that it has launched the 'Pacific Ocean Mainnet' and its own token PROS to expand the distribution network of tokenized real-world assets (RWA) and resolve liquidity fragmentation. Pharos has cumulatively raised $52 million in investments from traditional institutions and major Web3 investment firms. In this regard, Wish Wu, CEO of the Pharos Foundation, stated, "With this mainnet launch, institutional participation in the RWA ecosystem is no longer 'theory' but 'reality.' We hope this momentum will become energy that the entire ecosystem can utilize."
