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River completes $12 million strategic funding round, with TRON DAO and Maelstrom Fund participating
CoinVoice has learned that River announced the completion of a $12 million strategic funding round. In addition to the $8 million investment from Justin Sun’s TRON DAO, previous investors also include Arthur Hayes’s Maelstrom Fund, The Spartan Group, and Nasdaq-listed companies and institutions from the United States and Europe.\n\nThis funding will be used to support River’s expansion within EVM and non-EVM ecosystems (including TRON, Sui, and major EVM networks), and to continue building on-chain liquidity infrastructure. The funds will accelerate ecosystem deployment, deepen stablecoin liquidity, and promote the integration of satUSD in trading, lending, staking, and yield scenarios. Additionally, River will launch yield products Smart Vault and Prime Vault, providing users and institutions with a unified interface for cross-ecosystem yield access through protocol-native and institutional strategies.