Pharos Network, a Layer 1 blockchain focused on real-world asset tokenization, has launched Native to Pharos, a builder incubator program with more than $10 million in funding and backing from Hack VC, Draper Dragon, Lightspeed Faction and Centrifuge.
What Happened: Hong Kong Incubator Launch
The program targets early-stage teams developing decentralized financial applications and infrastructure at the intersection of real-world assets and DeFi. Participants will receive technical mentorship, product launch guidance, and investor network access.
Pharos will kick off its first cohort in Hong Kong. The company is partnering with Web3Labs and Consensus to participate in GWDC, the city's first large-scale Web3 hackathon.
"Pharos is committed to building a thriving RealFi ecosystem and empowering builders who share our vision," said Wish Wu, co-founder and CEO of Pharos. "The Pharos Incubator is designed as a full-spectrum partnership, offering mentorship, technical resources, go-to-market support, fundraising guidance, and access to financial and legal expertise."
The inaugural cohort will prioritize projects building decentralized perpetual and spot exchanges, yield infrastructure integrating tokenized real-world assets, and prediction markets focused on real-world outcomes.
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Why It Matters: RWA Infrastructure Focus
The incubator reflects growing institutional interest in blockchain infrastructure designed specifically for real-world asset tokenization. Pharos is targeting teams that can leverage its native parallel execution architecture and compliance-aware design.
The program aims to accelerate deployment of financial protocols requiring low latency and scalable on-chain execution.
The incubator launch comes as tokenization of real-world assets gains momentum across the industry. Crypto analyst Pentoshi has projected the RWA sector could reach $1 trillion in market capitalization by 2030.
The current RWA market sits below $40 billion. "Tokenization will eventually encompass everything, and the infrastructure is already being built," Pentoshi said.
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