River Completes $12 Million Strategic Series A Funding Round with Participation from TRON DAO and Maelstrom Fund

BlockBeats News, January 23rd, according to an official announcement, River has announced the completion of a $12 million strategic funding round. In addition to the $8 million previously invested by Justin Sun's TRON DAO, investors in this round also include Arthur Hayes's Maelstrom Fund, The Spartan Group, as well as publicly traded companies and institutions from the United States and Europe.

This financing will be used to support River's expansion in both the EVM and non-EVM ecosystems (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. Additionally, 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.