According to Golden Finance, Layer 2 protocol RISE Chain has secured $3.2 million in seed funding led by Finality Capital, with participation from Orange DAO, DACM, ether.fi Ventures, P2 Ventures, MH Ventures, Public Works, Vitalik Buterin, Stani Kulechov, Anthony Sassano (aka sassal.eth), DCF God, and others.

RISE Chain aims to unlock a new generation of gigagas applications. The RISE tech stack delivers over 1 billion gas per second throughput, achieving this breakthrough through incremental technical improvements that address execution and state access issues, including pevm - the fastest public EVM execution engine, sequential execution, versioned Merkle trees, and RiseDB. (The Block)