- RISE Raises $8M to Build Ultra-Fast Ethereum Layer 2 with 5ms Latency
- Galaxy Backs RISE: 100K TPS, No Trade-Offs, Real-Time DeFi Scaling
- RISE Testnet Hits 2B TXs, Aims for Mainnet with Ethereum-Level Security
- Shreds Tech Makes RISE Lightning-Fast Without Sacrificing Decentralization
- RISE Secures Funding to Power the Future of High-Speed, Secure DeFi Apps
RISE has secured $4 million in funding from Galaxy Ventures, raising its total to $8 million. The blockchain project is building a real-time Ethereum Layer 2 network capable of achieving 5ms latency and over 100,000 transactions per second. With this funding, RISE plans to accelerate mainnet development and expand support for high-performance decentralized applications.
RISE Targets Real-Time Blockchain with Decentralized Infrastructure
RISE aims to redefine Ethereum scalability by offering near-instant transaction speeds with a decentralization-first model. The platform introduces “Infinite Speed,” a real-time processing standard that addresses the blockchain trilemma without security trade-offs. It enables developers to create new financial applications that require ultra-fast execution and composability.
Galaxy Ventures is excited to back @rise_chain, the infinite speed Ethereum L2 blockchain, redefining performance with ultra-low latency and a decentralization-first design.
RISE is building infrastructure to support real-time, high-throughput applications onchain 👇 pic.twitter.com/2hhKYIDUid
— Galaxy (@galaxyhq) June 9, 2025
RISE recently launched a public testnet to validate its architecture under real-world conditions. The testnet has already processed more than two billion transactions across various DeFi workloads. Notably, the platform recorded over 50,000 transactions in a single one-second block during stress testing.
The project utilizes a new transaction model called Shreds, allowing sub-blocktime confirmations with latency as low as 5 milliseconds. This architecture enhances transaction speed without centralizing control or relying on specialized hardware. As a result, RISE can support advanced DeFi protocols like orderbooks, options trading, and high-frequency strategies.
Shreds Unlock Performance Without Sacrificing Security
The Shreds model processes transactions faster than traditional blocks by dividing them into smaller units. This design ensures minimal delay in confirmation while keeping transaction ordering secure and consistent. It also reduces the risk of front-running and ensures equal access for users and bots.
RISE combines performance with decentralization by running on widely accessible hardware and maintaining validator independence. It avoids the need for centralized sequencers, which often create censorship risks and points of failure. This approach helps RISE stay aligned with Ethereum’s trustless principles while pushing technical boundaries.
The blockchain will also introduce Based Sequencing, which allows Ethereum validators to order RISE transactions. This ensures composability with Ethereum and prevents liquidity fragmentation across Layer 2s. The system is designed to integrate smoothly with Ethereum’s infrastructure without compromising decentralization or security.
Funding to Accelerate App Development and Mainnet Launch
Galaxy Ventures provided the latest investment to help RISE scale its ecosystem. The funds will go toward refining developer tools, expanding use cases, and preparing the mainnet for launch. With support from Vitalik Buterin and others, RISE positions itself as a top contender in high-performance Ethereum Layer 2 solutions.
RISE plans to launch Secured Shreds in the next phase, where Ethereum validators will economically secure pre-confirmations. This upgrade will increase the security profile of the protocol and enable additional real-time features. Developers can already access the testnet to build apps using RISE’s new performance architecture.
The investment reflects rising interest in blockchain networks that offer speed, scalability, and decentralization. Galaxy Ventures sees RISE as a breakthrough project that solves a key challenge in blockchain adoption. RISE will continue building tools for developers and aims to launch a full mainnet later this year.
