River completes $12 million strategic funding round, with TRON DAO and Maelstrom Fund participating

ChainCatcher Message, River announces the completion of a $12 million strategic funding round. In addition to the previously invested $8 million from Justin Sun’s TRON DAO, other investors in this round include Arthur Hayes’s Maelstrom Fund, The Spartan Group, as well as Nasdaq-listed companies and institutions from the US and Europe.

This funding will be used to support River’s expansion in both EVM and non-EVM ecosystems (including TRON, Sui, and major EVM networks), and to continue building on-chain liquidity infrastructure. It 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.