Layer 1 blockchain Pharos Network has unveiled “Native to Pharos,” a $10 million initiative designed to support early-stage teams building on-chain financial products, according to a Tuesday announcement.
The program, backed by partners like Hack VC, Draper Dragon, Lightspeed Faction, and Centrifuge, targets builders working on decentralized exchanges, RWA-integrated yield infrastructure, and prediction markets, with an emphasis on high-performance execution and compliance-aware design.
Through the initiative, Pharos is focused on empowering builders as it works to develop a thriving RealFi ecosystem, said co-founder and CEO Wish Wu in a statement.
The Pharos Incubator aims to offer end-to-end support, including mentorship, technical resources, market entry support, fundraising advice, and access to legal and financial expertise.
The first cohort will begin in Hong Kong through hackathons and ecosystem events.
Source: https://cryptobriefing.com/pharos-network-program-defi-assets/
