Layer 2 protocol RISE Chain has completed a $3.2 million seed round of financing, 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, etc. The RISE technology stack provides a throughput of more than 1 billion gas per second, and is able to achieve this breakthrough through step-by-step technical improvements, solving execution and state access problems. In terms of execution, RISE has developed and open-sourced pevm, a parallel EVM engine that is the fastest public EVM executor on the market. (The Block)