Pharos launches $10M incubator for RWA, DeFi infrastructure

The Pharos Foundation, which supports the real-world asset (RWA)-focused Layer 1 public chain, has launched a $10 million incubator program to foster the development of RWA and DeFi infrastructure, U.Today reported. The program will provide funding, technical mentoring, and access to a network of major venture capitalists. Through this initiative, Pharos plans to expand its high-performance, regulation-compliant RealFi ecosystem and help early-stage projects establish themselves in the market.