River has completed a $12 million strategic funding round, with participation from Maelstrom Fund, The Spartan Group, and others.
River has announced the completion of a $12 million strategic funding round, with investors including 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: CoinLive The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments