Galaxy Ventures Backs Increase Chain, $8M Raised to Release Fastest Zone for Real-Time Apps on Ethereum
Sydney, Australia, 9th June 2025, ChainwireThe post Galaxy Ventures Backs Increase Chain, $8M Raised to Introduce Fastest Zone for Real-Time Apps on Ethereum appeared first on Chainwire.
Sydney, Australia, June 9th, 2025, ChainwireWith the support of Galaxy Ventures and previous financial investment from noteworthy industry leaders like Vitalik Buterin, Increase sets out to solve the blockchain adoption difficulty with its greatly quicker blockchain technology; offering real-time performance of as low as 5ms latency and a 100k TPS target, while keeping a decentralization-first roadmap.RISE, a real-time blockchain scaling Ethereum with record throughput and ultra-low latency, announced a $4 million financial investment from Galaxy Ventures, bringing total funds raised to date to $8 million. INCREASE, a new blockchain built on top of Ethereum, fixes this with its development deal architecture, powered by Shreds which make it possible for record-breaking latency as low as 5-milliseconds. Increase will also execute performance-compatible based sequencing to leverage Ethereum’s huge network of validators and unlock synchronous composability between Ethereum and RISE.Key Differentiators of RISE: Shreds: Sub-blocktime transaction verifications allowing as low as 5ms round-trip latencyScalable Throughput: Currently benchmarked at over 50,000 TPS, with strategies to go beyond 100,000 TPSBased Sequencing (Coming Soon): Opening a real extension of Ethereum and fixing liquidity fragmentation for usersSecured Shreds (Coming Quickly): Preconfirmations economically secured by Ethereum Validators, substantially enhancing the security profile”Performance is just meaningful if it lasts,” said Sam Battenally, co-founder and CEO of RISE.
Sydney, Australia, June 9th, 2025, ChainwireWith the assistance of Galaxy Ventures and previous investment from notable market leaders like Vitalik Buterin, RISE sets out to fix the blockchain adoption obstacle with its tremendously 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, announced a $4 million investment from Galaxy Ventures, bringing overall funds raised to date to $8 million. INCREASE, a brand-new blockchain developed on top of Ethereum, solves this with its development transaction architecture, powered by Shreds which allow record-breaking latency as low as 5-milliseconds. Increase will also implement performance-compatible based sequencing to leverage Ethereum’s vast network of validators and unlock synchronous composability in between Ethereum and RISE.Key Differentiators of RISE: Shreds: Sub-blocktime transaction confirmations enabling as low as 5ms round-trip latencyScalable Throughput: Currently benchmarked at over 50,000 TPS, with plans to go beyond 100,000 TPSBased Sequencing (Coming Soon): Unlocking a true extension of Ethereum and resolving liquidity fragmentation for usersSecured Shreds (Coming Soon): Preconfirmations financially secured by Ethereum Validators, substantially improving the security profile”Efficiency is just significant if it lasts,” stated Sam Battenally, co-founder and CEO of Increase.