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RISE Chain raised $8M in a funding round led by Galaxy Ventures to launch its fast blockchain for real-time apps on Ethereum.

Jun 09, 2025•2 months ago

Amount Raised

$8 Million

SydneyInformation TechnologyCryptocurrencyBlockchain

Investors

Vitalik ButerinGalaxy Ventures

Description

RISE Chain announced an $8 million funding milestone with Galaxy Ventures leading the round. The investment will enhance its blockchain technology aimed at achieving ultra-low latency and high throughput. With breakthroughs in transaction architecture, RISE targets real-time applications on Ethereum. The development will foster greater blockchain adoption and new decentralized applications.

Company Information

Company

RISE Chain

Location

Sydney, New South Wales, Australia

About

RISE is a next-generation Ethereum Layer 2 blockchain redefining performance with 'Infinite Speed'—delivering instant transaction confirmation at unprecedented scale, while upholding Ethereum’s core principle of decentralization. Its architecture enables as low as 5ms latency and will support over 100,000 TPS, unlocking a radically improved experience for both developers and users.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers