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Investment Firm Galaxy Ventures Supports RISE Chain; Secures $8 Million for Rapid Deployment of Instant Apps on the Ethereum Network

Breaking news from Sydney, Australia, on 9th June 2025: Chainwire announcement made today. No further details provided at this time.

Breaking news from Sydney, Australia, dated 9th June 2025: Chainwire announcement.
Breaking news from Sydney, Australia, dated 9th June 2025: Chainwire announcement.

Investment Firm Galaxy Ventures Supports RISE Chain; Secures $8 Million for Rapid Deployment of Instant Apps on the Ethereum Network

🔥 Unleashing "Infinite Speed" with RISE 🌇 June 9th, 2025

🌏 Chainwire

Hey there, crypto junkies! Get ready to buckle up, as we dive into the wild world of RISE, an innovative Ethereum scaling solution that's turning heads in the blockchain community. Fueled by mighty investors such as Vitalik Buterin and backed by a fat $8 million investment from Galaxy Ventures, RISE is set to conquer the blockchain adoption hurdle with its lightning-fast blockchain technology. Let's explore this game-changer, shall we? 🚀

🌟 RISE—A Real-Time Blockchain Marvel 🌟

🔥 The Limitless Speed Sensation

Solving the blockchain adoption challenge just got a whole lot hotter with RISE, a real-time blockchain scaling solution with record throughput and unprecedented low latency—a key ingredient to attracting more assets, enterprises, and users onchain! RISE's technology offers mind-blowing transaction speeds as low as 5 milliseconds, which is particularly handy for advanced DeFi use cases like options, high-frequency trading, and market making.

🔥 What Makes RISE Special?

Man, if you thought your existing blockchain was balling, just wait until you get a load of what RISE is packing! By rethinking blockchain design from the ground up, RISE tackles a fundamental pitfall where swift speeds in the past came at the expense of decentralization. With RISE, you'll experience real-time transaction speeds without having to compromise on decentralization.

💼 Galaxy Ventures Cradles RISE's Growth

Of course, pioneering technology ain't cheap, but fear not! RISE just scored a whopping $4 million from the big knickers at Galaxy Ventures, bringing the total funds raised to a cool $8 million. This newfound funding will flow like water through a dam, enabling RISE to keep pushing the boundaries of blockchain innovation. And if Galaxy's reputation is anything to go by, RISE's fleet of experts are about to get some star-studded guidance as well.

🔥 An Insight into RISE's Magical Powers 🔥

  • Shreds - Wanna get your transactions confirmed with lightning speed, like, right-freakin'-now? Say hello to Shreds, sub-blocktime transaction confirmations that enable round-trip latency as quick as 5 milliseconds!
  • Scalable Throughput - If 50,000 transactions per second (TPS) ain't enough for your DeFi needs, worry not! RISE's got plans to surge past 100,000 TPS!
  • Based Sequencing (Coming Soon) - Prepare to witness a true extension of Ethereum as RISE unveils Based Sequencing, solving liquidity fragmentation for users.
  • Secured Shreds (Coming Soon) - Watch your security profile skyrocket as Ethereum Validators step up to Secured Shreds, improving the confidence in RISE's infrastructure.

👨‍💼 "Performance Lasts," says Sam Battenally, RISE's co-founder and CEO. As RISE inches closer to mainnet launch, he's raring to go and ready to welcome the next generation of high-performance apps into the world!

🔥 Gear Up for Mainnet Launch 🔥

Feeling all flushed with excitement? Wanna get in on RISE's groundbreaking innovation? Don't be shy, explore its testnet now at portal.risechain.com and help shape the future of DeFi!

🔥 Closing Thoughts 🔥

Guys, the future is hot, and it's looking pretty bitchin' with the arrival of RISE on the blockchain scene. With Galaxy Ventures' support and innovative tech, RISE is well on its way to conquer the blockchain adoption challenge, one lightning-fast, decentralized transaction at a time! ☄️🚀💨🔥

So, buckle up, crypto fanatics—we're in for one hell of a ride! 💨🚀💨🚀💨

  1. RISE, a real-time blockchain scaling solution, is turning heads in the blockchain community, as it offers unprecedented low latency and high throughput, making it attractive for financial applications, DeFi, and other advanced use cases.
  2. RISE's technology allows for sub-blocktime transaction confirmations, known as Shreds, enabling round-trip latency as quick as 5 milliseconds, which is particularly handy for high-frequency trading and market making.
  3. RISE has raised a total of $8 million in funding from investors like Vitalik Buterin and Galaxy Ventures, which will be used to fund further innovation and development of the blockchain technology.
  4. As RISE moves closer to mainnet launch, its co-founder and CEO, Sam Battenally, is excited about the potential of welcoming the next generation of high-performance apps into the world, aiming to revolutionize the DeFi landscape with its innovative technology.

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