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🚨 Big news! Raise has secured $63M to build a more secure, programmable, and retailer-driven future for gift cards and loyalty. Press release:
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The strategic round was led by @HaunVentures, with participation from @ambergroup_io, @anagramxyz, @borderless_cap, @GSR_io, @Karatage_, @Papervc, @PharsalusCap, @SeliniCapital, and more. Notable angels include Tekin Salimi, Raj Gokal, and Teddy Gorisse.

The problem? Gift cards haven’t evolved since 1994. They are dated, fragile, and fragmented, while lacking in standardization because there is no incentive to innovate. And yet, the industry grows 10-15% every year—compounding inefficiencies at scale. That ends today.

Raise is pioneering SmartCards—a new standard for digital gift cards that is: ✅ Secure – Blockchain-backed, fraud-resistant ✅ Fast – Real-time settlement, no delays ✅ Programmable – Smart contracts enable personalized offers ✅ Retailer-first – A network built for brands and their customers

To fix this broken system, we founded The Retail Alliance—a not-for-profit dedicated to governing and standardizing blockchain-powered gift cards, loyalty, and payments. Raise has already invested $25M into this groundbreaking technology, with a total future commitment of $100M+ to bring it to life.

Raise is leading the charge with BFG Labs, our DevCo, building the cutting-edge tech that powers SmartCards and The Retail Alliance ecosystem.

The Raise Network token, $RAISE, will power this transformation: 🔹 Secure the network 🔹 Pay transaction fees 🔹 Govern network upgrades 🔹 Unlock SmartCard discounts, loyalty perks & personalized offers

What does this mean for retailers? For the first time, brands have an industry-wide standard that modernizes payments without expensive overhauls. 🔹 Fraud-resistant transactions 🔹 Programmable offers & incentives 🔹 Real-time data & insights 🔹 A better experience for consumers

No more lost balances. No more inefficiencies. Just smarter, faster, and more secure gift cards that work better for everyone. Fully sharable, and programmable.

Retailers finally have control. The Retail Alliance ensures brands, not middlemen, shape the future of digital gift cards.

Everyone deserves a $RAISE. 💰 And this is just the beginning. Stay tuned—big announcements ahead. 🚀

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