TRON Founder Justin Sun Announces $8 Million Investment in River DeFi Protocol

2026-01-22 17:21:32

Source: CryptoNewsNet Original Title: TRON Founder Justin Sun Announces Investment in Decentralized Finance (DeFi) Project! Original Link: https://cryptonews.net/news/defi/32320327/

Overview

TRON founder Justin Sun announced an $8 million investment in River, a decentralized finance (DeFi) project. This strategic investment aims to strengthen the project’s ecosystem integration and has attracted significant attention due to the sharp rise in River’s native token during the same period.

About River

River operates as a DeFi protocol developing cross-chain stablecoin infrastructure. The project launched its stablecoin system, which it calls “chain abstraction,” in August.

With this system, the asset called satUSD is positioned as an “omni-chain” stablecoin that connects liquidity between different blockchain networks without requiring bridging or wrapping. According to River, users can use the collateral they deposit in one network to mint satUSD in another, thus accessing yield and leverage opportunities in different ecosystems.

Investment Allocation

The funding provided by Justin Sun will be used for:

Establishing stablecoin pools along with USDT and USDD on the SUN network
Lending and borrowing services on the JustLend platform
Price feeds provided by WinkLink
Launching Smart Vault and Prime Vault products that will offer yield strategies for stablecoins and the underlying assets of TRX and TRON

Token Performance

A day after the investment news, the RIVER token surged 24% to reach an all-time high of $48.74. This rise was noteworthy compared to the overall cryptocurrency market’s approximately 1% increase during the same period. The token’s market capitalization is around $900 million.

Risk Considerations

Trading volumes caught the attention of analysts. CoinGlass noted that RIVER futures volume exceeded spot volume by 80 times, warning that price formation was largely shaped by leveraged trading. Experts point out that this could increase volatility and that investors should exercise caution.

TRX2,41%

SUN0,51%

USDD0,2%

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