Layer 2 Agreements RISE Chain Completes $3.20 million Seed Round, Led by Finality Capital
2024-09-16 13:30:59
Layer 2 agreement RISE Chain completed a $3.20 million seed round of financing, led by Finality Capital, 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 participated. It is reported that RISE Chain aims to unlock the next generation of Gigagas applications. The RISE technology stack provides throughput of more than 1 billion gas per second, enabling this breakthrough through step-by-step technology improvements that solve execution and state access issues, including pevm - the fastest public EVM execution engine, continuous execution, versioned Merkle trees, and RiseDB. (The Block)
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