Sydney, Australia, June ninth, 2025, Chainwire
With the assist of Galaxy Ventures and former funding from notable business leaders like Vitalik Buterin, RISE units out to unravel the blockchain adoption problem with its exponentially sooner blockchain expertise; 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 subsequent technology of blockchain functions.
Providing instantaneous transaction speeds is a key pillar of bringing extra property, enterprises, and customers onchain, however constructing a blockchain that gives this has been troublesome 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 vital for superior DeFi use circumstances equivalent to orderbook methods, choices, high-frequency buying and selling, and market making. RISE launched its public testnet earlier this month, which has already undergone vital 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 customary of efficiency, launched as “Infinite Pace”: real-time efficiency, decentralized.
By rethinking blockchain design from first rules, RISE addresses a basic tradeoff the place low latency and excessive throughput beforehand required compromising decentralization. Competing blockchains typically depend on centralized approaches, introducing censorship danger and single factors of failure. RISE was constructed from day one to ship unstoppable efficiency with out sacrificing decentralization, enabling real-time transactions on extensively accessible, customary {hardware}. RISE may also implement performance-compatible based mostly 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: At the moment benchmarked at over 50,000 TPS, with plans to exceed 100,000 TPS
- Based mostly 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 bettering 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—without end. 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 subsequent 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 challenge 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 velocity, scalability, and decentralization that’s important to supporting a brand new technology of high-performance functions. We’re proud to again a proficient crew that’s pushing the boundaries of blockchain expertise.”
About RISE
RISE is a next-generation Ethereum Layer 2 blockchain redefining efficiency with “Infinite Pace”—delivering instantaneous 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 embrace Ethereum co-founder Vitalik Buterin and AAVE founder Stani Kulechov. For extra data, customers can go to https://risechain.com/.
Contact
Co-Founder and CEO
Sam Battenally
RISE Labs
sam@riselabs.xyz
Galaxy Ventures Backs RISE Chain, $8M Raised to Launch Fastest Zone for Real-Time Apps on Ethereum
