Galaxy Ventures Invests $4 Million in RISE for Blockchain Performance

Galaxy Ventures has invested $4 million in RISE, a blockchain technology company aiming to solve the blockchain adoption challenge with its exponentially faster blockchain technology. This investment brings the total funds raised by RISE to $8 million. The funding will enable RISE to continue pushing the boundaries of blockchain performance and develop the next generation of blockchain applications.

RISE is a real-time blockchain scaling Ethereum with record throughput and ultra-low latency. It offers instant transaction speeds, a key pillar in bringing more assets, enterprises, and users onchain. RISE's breakthrough transaction architecture, powered by Shreds, enables record-breaking latency as low as 5-milliseconds. This is particularly significant for advanced DeFi use cases such as orderbook strategies, options, high-frequency trading, and market making. RISE launched its public testnet earlier this month, which has already undergone significant battle testing, reaching over 2 billion transactions, including over 50,000 transactions processed in a single 1-second block. This enables developers to experiment and build onchain apps that operate with a new standard of performance, introduced as “Infinite Speed”: real-time performance, decentralized.

By rethinking blockchain design from first principles, RISE addresses a fundamental tradeoff where low latency and high throughput previously required compromising decentralization. Competing blockchains often rely on centralized approaches, introducing censorship risk and single points of failure. RISE was built from day one to deliver unstoppable performance without sacrificing decentralization, enabling real-time transactions on widely accessible, standard hardware. RISE will also implement performance-compatible based sequencing to leverage Ethereum’s vast network of validators and unlock synchronous composability between Ethereum and RISE.

Key differentiators of RISE include Shreds, which enable sub-blocktime transaction confirmations with as low as 5ms round-trip latency, and scalable throughput currently benchmarked at over 50,000 TPS, with plans to exceed 100,000 TPS. RISE is also set to implement Based Sequencing, which will unlock a true extension of Ethereum and solve liquidity fragmentation for users, and Secured Shreds, which will provide preconfirmations economically secured by Ethereum Validators, significantly improving the security profile.

“Performance is only meaningful if it lasts,” said 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.”

RISE will use the funding to support product and app development in the lead-up to mainnet launch. Builders can explore the testnet now at portal.risechain.com.

“RISE is the first project we’ve seen that addresses the scalability trilemma without material security tradeoffs,” said Neil Bhuta, Investor at Galaxy Ventures. “It brings a level of speed, scalability, and decentralization that is essential to supporting a new generation of high-performance applications. We’re proud to back a talented team that is pushing the boundaries of blockchain technology.”

Ask Aime: Galaxy Ventures invests $4 million in RISE, a blockchain tech startup aiming to enhance blockchain performance and scalability.

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. Seed investors include Ethereum co-founder Vitalik Buterin and AAVE founder Stani Kulechov.