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Pharos Launches Mainnet With $50M RWA Vault, 50 Apps Expected
Pharos launched its mainnet with a pAlpha High Yield RWA Vault that reached its $50 million capacity and with more than 50 applications expected to deploy at launch. The company said its Atlantic testnet processed more than 4.3 billion transactions across 209 million wallets in under a year. Co-founder and CEO Wish Wu said the network is designed to combine assets, compliance, privacy, and applications in one environment for real-world assets.