Odaily News focuses on low latency Layer 2 blockchain RISE Chain announcing the completion of a new round of financing of $4 million, with Galaxy Digital's venture capital arm Galaxy Ventures participating. The total amount of financing for the project has reached $8 million, and the new funds will be used to promote its mainnet launch to build a high-throughput, low-latency blockchain. (CoinDesk)

Odaily News ether.fi announced the launch of a $40 million venture capital fund, ether.fi Ventures Fund I, aimed at supporting fearless entrepreneurs who are redefining the possibilities of the industry. In addition, the fund has now disclosed its first batch of investment projects, namely Resolv and Rise.