Sydney, Australia, June 9th, 2025, Chainwire
Blockchain technology has been on a transformative journey, and now, a trailblazer named RISE is making waves in the industry. Backed by Galaxy Ventures and influential figures like Vitalik Buterin, RISE is tackling one of the most pressing challenges in the field—blockchain adoption. By delivering an astonishingly fast blockchain capable of achieving real-time performance with latencies as low as 5 milliseconds and a target of 100,000 transactions per second (TPS), RISE is paving the way for broader adoption while staying committed to decentralization.
This groundbreaking initiative recently announced a $4 million investment from Galaxy Ventures, augmenting its total funding to $8 million. This financial support signifies a robust vote of confidence in RISE’s vision for the future of blockchain technology, empowering the team to push the boundaries even further and cultivate the next generation of applications.
One of RISE’s most compelling propositions is its ability to offer instant transaction speeds. Historically, creating a blockchain that achieves such rapid performance has been fraught with difficulties. However, RISE claims to have cracked the code with its innovative transaction architecture powered by something they call “Shreds.” These Shreds enable transaction confirmations with latency as low as 5 milliseconds. This remarkable efficiency is particularly vital for complex DeFi applications, such as order book strategies and high-frequency trading—where every millisecond counts.
Earlier this month, RISE launched its public testnet, which has already undergone extensive testing, processing over 2 billion transactions. In one striking moment, it managed to handle over 50,000 transactions in just a single second. This impressive capability means developers can now forge on-chain applications with a new benchmark for performance, encapsulated in RISE’s motto: “Infinite Speed: real-time performance, decentralized.”
What sets RISE apart from its competitors is its steadfast commitment to decentralization without compromising on speed and scalability. Traditional blockchains often face a significant trade-off: achieving low latency and high throughput typically comes at the cost of decentralization. Many existing platforms adopt centralized mechanisms, which can pose risks such as censorship and single points of failure. In contrast, RISE was designed from the outset to enhance performance while ensuring a decentralized infrastructure, thus maintaining the integrity and resilience of the network.
Among its future innovations will be “performance-compatible based sequencing,” which utilizes Ethereum’s rich network of validators. This mechanism aims to prevent liquidity fragmentation, thereby widening access to decentralized finance for users. Furthermore, RISE intends to introduce “Secured Shreds,” which will provide a security boost by economically securing preconfirmations through Ethereum Validators, enhancing the overall security profile of the network.
“Performance is only meaningful if it lasts,” remarked Sam Battenally, co-founder and CEO of RISE. “RISE was built to stay fast—forever. This investment from Galaxy Ventures underscores the need for infrastructure that doesn’t just scale technically, but scales trustlessly. We’re excited to accelerate toward mainnet and bring the next generation of crypto apps into reality.”
With this fresh influx of funding, RISE is poised to focus on product and application development as it gears up for its mainnet launch. Developers interested in exploring the testnet can visit their dedicated portal.
“RISE is the first project we’ve seen that addresses the scalability trilemma without material security trade-offs,” commented Neil Bhuta, Investor at Galaxy Ventures. “It brings a level of speed, scalability, and decentralization that is essential for supporting a new generation of high-performance applications. We’re proud to back a talented team that is pushing the boundaries of blockchain technology.”
About RISE
RISE stands at the forefront of blockchain evolution as a next-generation Ethereum Layer 2 solution redefining performance benchmarks. Its ambition of “Infinite Speed” promises to deliver instantaneous transaction confirmations at unprecedented scales while remaining true to Ethereum’s foundational principles of decentralization. With an architecture capable of achieving as low as 5ms latency and supporting over 100,000 TPS, RISE is ready to revolutionize the developer and user experience alike. Notable investors include Ethereum co-founder Vitalik Buterin and lending platform AAVE founder Stani Kulechov. For additional insights, users can head to RISE’s official website.
Contact
Co-Founder and CEO
Sam Battenally
RISE Labs
sam@riselabs.xyz
