Galaxy Ventures Backs Increase Chain, $8M Raised to Introduce Fastest Zone for Real-Time Apps on Ethereum
Sydney, Australia, 9th June 2025, Chainwire
This post Galaxy Ventures Backs Increase Chain, $8M Raised to Release Fastest Zone for Real-Time Apps on Ethereum first appeared on BitcoinWorld and is composed by chainwire
With the assistance of Galaxy Ventures and previous financial investment from significant market leaders like Vitalik Buterin, Increase sets out to resolve the blockchain adoption difficulty with its exponentially much faster blockchain technology; offering real-time efficiency of as low as 5ms latency and a 100k TPS target, while preserving a decentralization-first roadmap.
RISE, a real-time blockchain scaling Ethereum with record throughput and ultra-low latency, revealed a $4 million financial investment from Galaxy Ventures, bringing overall funds raised to date to $8 million. RISE, a new blockchain built on top of Ethereum, solves this with its development deal architecture, powered by Shreds which enable record-breaking latency as low as 5-milliseconds. Increase will likewise execute performance-compatible based sequencing to take advantage of Ethereum’s huge network of validators and unlock simultaneous composability in between Ethereum and RISE.
Key Differentiators of RISE:
- Shreds: Sub-blocktime deal confirmations allowing as low as 5ms round-trip latency
- Scalable Throughput: Currently benchmarked at over 50,000 TPS, with strategies to go beyond 100,000 TPS
- Based Sequencing (Coming Soon): Opening a true extension of Ethereum and solving liquidity fragmentation for users
- Secured Shreds (Coming Soon): Preconfirmations financially protected by Ethereum Validators, significantly improving the security profile
“Efficiency is only significant if it lasts,” stated Sam Battenally, co-founder and CEO of RISE.
