River has completed a $12 million strategic funding round, with participation from Maelstrom Fund, The Spartan Group, and others.

This article is machine translated
Show original

Odaily Odaily that River has announced the completion of a $12 million strategic funding round. Investors include Tron DAO, Justin Sun, Maelstrom Fund (founded by Arthur Hayes), The Spartan Group, and several Nasdaq-listed companies in the US and Europe. This funding will be used to accelerate ecosystem deployment, enhance stablecoin liquidity, and promote the integration of satUSD in trading, lending, staking, and yield scenarios. River plans to launch yield products for retail and institutional investors, including Smart Vault and Prime Vault, providing a unified yield acquisition interface through protocol-native and institutional-grade strategies.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments