Sydney, Australia, June 9, 2025, Chain Wire
With support from Galaxy Ventures and previous investments from prominent industry leaders like Vitalik Buterin, Rise is set up to solve the blockchain adoption challenge with its exponentially faster blockchain technology. It offers low real-time performance with 5ms latency and 100K TPS targets while maintaining a decentralized roadmap.
Rise is a real-time blockchain scaling Ethereum with record-breaking throughput and ultra-low latency, and announced a $4 million investment from Galaxy Ventures, bringing the total funds raised to $8 million. This latest funding round allows Rise to continue pushing the boundaries of blockchain performance and develop next-generation blockchain applications.
Providing instant transaction speeds is an important pillar of bringing more assets, businesses and users on-chain, but building a blockchain that delivers this has been difficult to date. Rise, a new blockchain built on top of Ethereum, solves this with its groundbreaking transaction architecture. This is especially important in advanced Defi use cases such as order book strategies, options, high frequency trading, and market production. Rise launched its public testnet earlier this month. This has already taken a significant combat test, reaching over 2 billion transactions, including over 50,000 transactions processed in a block of one second. This allows developers to experiment and build on-chain apps that run with new performance standards introduced as “infinite speed.” Real-time performance, distributed.
By rethinking blockchain design from the first principle, Rise addresses the fundamental trade-offs that require decentralization, where low latency and high throughput compromises before. Competing blockchains often rely on a centralized approach, introducing censorship risks and single point of failure. Rise was built from day one to deliver unstoppable performance without sacrificing decentralization, allowing for widespread access to real-time hardware transactions. Rise also implements Performance Compatible-based sequences to leverage Ethereum’s vast network of validators, unlocking the complexity of synchronization between Ethereum and Rise.
Key differentiators of rising:
Shred: Checking sub-block time transactions Low round-trip latency scalable throughput of 5ms: Currently benchmarked at over 50,000 TPS, plans beyond 100,000 TPS-based sequences (coming soon): Unlock true extensions for users and resolve fluid fragmentation for users (soon)
“Performance only makes sense if it continues,” says Sam Battenally, co-founder and CEO of Rise. “Rise was built to stay fast. This investment from GalaxyVentures highlights the need for an infrastructure that not only expands technically, but also scales reliably. We are excited to accelerate to the mainnet and realize the next generation of crypto apps.”
Rise will use the funds to support product and app development towards the launch of the mainnet. Builders can explore testnets now at Portal.risechain.com.
“We’re looking forward to seeing you in the future,” said Neil Bhuta, an investor at Galaxy Ventures. “It brings the level of speed, scalability and decentralization essential to supporting a new generation of high-performance applications. We are proud to support a talented team that is pushing the boundaries of blockchain technology.”
About the rise
Rise is the next generation Ethereum Layer two blockchains that redefine performance with “Infinite Speed.” This supports the core principles of Ethereum’s decentralization, while introducing instant transaction confirmation on an unprecedented scale. Its architecture allows for low latency of 5ms, supports over 100,000 TPS, unlocking fundamentally improved experiences for both developers and users. Seed investors include Vitalik Buterin, co-founder of Ethereum and Stani Kulechov, founder of Aave. For more information, users can visit https://risechain.com/.
contact
Co-founder and CEO
Sam Batenaly
Start a lab
sam@riselabs.xyz
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