Pharos secures $44 million in Series A funding, and funds are still flowing into the RWA track.

Pharos Raises $44 Million in Series A

Pharos is focused on RWA tokenization and bridging to TradFi, offering an EVM-compatible modular L1. On April 8, 2026, the company officially announced the completion of its $44 million Series A round. The money came in after the early rounds, landing amid a growing number of projects crowding into the intersection between centralized infrastructure and real-world finance.

At the core of the project is a “three-layer stack” (L1-Base, L1-Core, L1-Extension) plus Special Processing Networks, along with native re-staking. It’s targeting large-scale real-time financial applications, claiming it can achieve sub-second finality and cross-chain liquidity. No details were given on how this funding will be spent.

SNZ Holding will continue to participate with a follow-on investment; Chainlink and Flow Traders are new faces—Chainlink has an advantage in the oracle component for RWA data feeds, while Flow Traders has extensive experience in market making and high-frequency trading, which could help with liquidity and throughput goals. The lead investor didn’t disclose details; it could be that the equity is fairly dispersed, or that they intentionally kept things vague.

Financing history recap: In November 2024, it raised a $8 million seed round (with Hack VC and Faction leading; Chorus One, MH Ventures, Hash Global, Dispersion Capital, Legend Star, Generative Ventures, Reforge VC, and SNZ Holding also participated); in September 2025, it received a strategic investment from Yunfeng Financial; and in March 2026, it completed another round of undisclosed amount. All together, it totals at least $52 million.

RWA tokenization is one of Web3’s popular narratives, and Pharos wants to break in with parallel processing and cross-chain capabilities. Chainlink’s involvement may foreshadow later integration of oracles for tokenized asset data, but there’s no official update on any integration yet.

• SNZ Holding invested in the seed round; this time they’re adding fuel, suggesting they still like this modular architecture
• Chainlink adds credibility with RWA data oracles, which is crucial for protocols processing real-world data
• Flow Traders has high-frequency and market-making experience, which may help Pharos meet its high-throughput and liquidity goals
• This round closely follows the one in March 2026, and the fundraising pace is clearly faster
• Since the valuation hasn’t been disclosed, it’s hard to make a horizontal comparison with other modular L1s

Pharos moved from the seed stage to a Series A backed by both longtime supporters and new institutions. The L1 space is crowded, but its narrative lines up perfectly with today’s funding preferences—after the market rebound in 2024, infrastructure projects aimed at connecting TradFi have consistently attracted investors. After this round, no specifics were shared about what it will do next, but $44 million is enough to keep the tech stack iterating for a while.

In one sentence: Investors are still willing to pay for an L1 that “connects crypto and traditional finance,” and Pharos’ Series A is another example.

Assessment: We’re currently in the early-to-middle stage of the narrative, and infrastructure plus compliant integration hasn’t yet turned into integrated data and TVL. It’s more friendly to long-term, building-oriented developers and institutional capital—especially strategic funds that can drive oracle integration, liquidity, and the integration of compliant asset issuance. It’s less practical for short-term traders; it’s steadier to wait until actual integrations and valuation anchors are revealed.