Galaxy Ventures Backs RISE Chain, $8M Raised to Launch Quickest Zone for Actual-Time Apps on Ethereum

[PRESS RELEASE – Sydney, Australia, June 9th, 2025]

With the assist of Galaxy Ventures and former funding from notable business leaders like Vitalik Buterin, RISE units out to resolve the blockchain adoption problem with its exponentially sooner blockchain know-how; providing real-time efficiency of as little as 5ms latency and a 100k TPS goal, whereas sustaining a decentralization-first roadmap.

RISE, a real-time blockchain scaling Ethereum with document throughput and ultra-low latency, introduced a $4 million funding from Galaxy Ventures, bringing complete funds raised up to now to $8 million. This newest funding spherical will allow RISE to proceed to push the boundaries of blockchain efficiency and develop the following technology of blockchain purposes.

Providing prompt transaction speeds is a key pillar of bringing extra belongings, enterprises, and customers onchain, however constructing a blockchain that gives this has been tough up to now. RISE, a brand new blockchain constructed on high of Ethereum, solves this with its breakthrough transaction structure, powered by Shreds which allow record-breaking latency as little as 5-milliseconds. That is particularly important for superior DeFi use instances similar to orderbook methods, choices, high-frequency buying and selling, and market making. RISE launched its public testnet earlier this month, which has already undergone important battle testing, reaching over 2 billion transactions, together with over 50,000 transactions processed in a single 1-second block. This allows builders to experiment and construct onchain apps that function with a brand new normal of efficiency, launched as “Infinite Pace”: real-time efficiency, decentralized.

By rethinking blockchain design from first ideas, RISE addresses a basic tradeoff the place low latency and excessive throughput beforehand required compromising decentralization. Competing blockchains usually depend on centralized approaches, introducing censorship threat and single factors of failure. RISE was constructed from day one to ship unstoppable efficiency with out sacrificing decentralization, enabling real-time transactions on broadly accessible, normal {hardware}. RISE can even implement performance-compatible primarily based sequencing to leverage Ethereum’s huge community of validators and unlock synchronous composability between Ethereum and RISE.

Key Differentiators of RISE:

• Shreds: Sub-blocktime transaction confirmations enabling as little as 5ms round-trip latency
• Scalable Throughput: Presently benchmarked at over 50,000 TPS, with plans to exceed 100,000 TPS
• Primarily based Sequencing (Coming Quickly): Unlocking a real extension of Ethereum and fixing liquidity fragmentation for customers
• Secured Shreds (Coming Quickly): Preconfirmations economically secured by Ethereum Validators, considerably enhancing the safety profile

“Efficiency is just significant if it lasts,” mentioned Sam Battenally, co-founder and CEO of RISE. “RISE was constructed to remain quick—eternally. This funding from Galaxy Ventures underscores the necessity for infrastructure that doesn’t simply scale technically, however scales trustlessly. We’re excited to speed up towards mainnet and convey the following technology of crypto apps into actuality.”

RISE will use the funding to assist product and app growth within the lead-up to mainnet launch. Builders can discover the testnet now at portal.risechain.com.

“RISE is the primary venture we’ve seen that addresses the scalability trilemma with out materials safety tradeoffs,” mentioned Neil Bhuta, Investor at Galaxy Ventures. “It brings a stage of pace, scalability, and decentralization that’s important to supporting a brand new technology of high-performance purposes. We’re proud to again a proficient group that’s pushing the boundaries of blockchain know-how.”

About RISE

RISE is a next-generation Ethereum Layer 2 blockchain redefining efficiency with “Infinite Pace”—delivering prompt transaction affirmation at unprecedented scale, whereas upholding Ethereum’s core precept of decentralization. Its structure allows as little as 5ms latency and can assist over 100,000 TPS, unlocking a radically improved expertise for each builders and customers. Seed traders embody Ethereum co-founder Vitalik Buterin and AAVE founder Stani Kulechov. For extra info, customers can go to https://risechain.com/.