applications. Its primary focus is on bridging traditional finance with web3 technologies by addressing scalability challenges that hinder the mass adoption of decentralized solutions. The platform is designed to deliver a payment-grade infrastructure that supports real-time payments and facilitates the exchange of real-world assets (RWAs). In November 2024, it was reported that Pharos raised $8 million in seed funding to support the development of its Layer-1 blockchain network. The funding round was co-led by Lightspeed Faction and Hack VC, with participation from investors such as SNZ Capital, Reforge, and Dispersion Capital. Visit the #BlockchainThursday link in our bio to learn more. #blockchaininnovation #web3 #fintech