Galaxy Ventures backs RISE Chain, $8M raised to launch fastest zone for real-time apps on Ethereum

Sydney, Australia, June 9th, 2025, Chainwire With the support of Galaxy Ventures and previous investment from notable industry leaders like Vitalik Buterin, RISE sets out to solve the blockchain ad...

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Galaxy Ventures backs RISE Chain, $8M raised to launch fastest zone for real-time apps on Ethereum

Source: Crypto Briefing

Sydney, Australia, June 9th, 2025, Chainwire With the support of Galaxy Ventures and previous investment from notable industry leaders like Vitalik Buterin, RISE sets out to solve the blockchain adoption challenge with its exponentially faster blockchain technology; offering real-time performance of as low as 5ms latency and a 100k TPS target, while maintaining a decentralization-first roadmap. RISE, a real-time blockchain scaling Ethereum with record throughput and ultra-low latency, announced a $4 million investment from Galaxy Ventures, bringing total funds raised to date to $8 million.