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River Completes $12 Million Strategic Funding Round with Participation from TRON DAO, Maelstrom Fund, The Spartan Group, and Others
BlockBeats News, January 23rd, according to an official announcement, River announced the completion of a $12 million strategic funding round. In addition to the $8 million investment from Justin Sun's TRON DAO, this round of investors also includes Arthur Hayes' Maelstrom Fund, The Spartan Group, as well as listed companies and institutions from the United States and Europe.
This funding will be used to support River's expansion in both the EVM and non-EVM ecosystem (including TRON, Sui, and major EVM networks), and to continue building on-chain liquidity infrastructure. It aims to accelerate ecosystem deployment, deepen stablecoin liquidity, and drive integration of satUSD in trading, lending, staking, and yield scenarios. Furthermore, River will launch yield products Smart Vault and Prime Vault, providing a unified interface for users and institutions to access cross-ecosystem yield through protocol-native and institutional-grade strategies.
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