River completes $12 million funding, partners with Tron and Sui to build cross-chain liquidity

SerumDegen · 2026-01-23T08:16:08+00:00

River raises $12 million in funding, with investors including Tron DAO and other well-known institutions. The company plans to expand both EVM and non-EVM ecosystems, focusing on the TRON and Sui networks, dedicated to enhancing on-chain liquidity infrastructure and promoting cross-chain asset flow.

SerumDegen

2026-01-23 08:16:08

Abstract generation in progress

【Chain News】River has just announced a successful funding round—raising $12 million. The funds come from several heavyweight names: Tron DAO, Justin Sun, Arthur Hayes’s Maelstrom Fund, The Spartan Group, and several NASDAQ-listed companies from the US and Europe.

After this funding round, River’s ambitions are now clear. They plan to make a big impact in both EVM and non-EVM ecosystems, with a focus on networks like TRON and Sui. The core focus remains on building on-chain liquidity infrastructure—that is, making asset flows between different chains smoother. In the era of multi-chain, such infrastructure indeed has significant potential.

TRX1,94%

SUI-2,19%

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SocialFiQueen

· 4h ago

Cross-chain liquidity is indeed a necessity, and River's funding round this time also has a strong lineup. However, I am more concerned about how they will achieve true deep liquidity between Sui and Tron. Capital injection alone is not enough; execution is the key. Looking forward to seeing their specific plans moving forward.

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MetaNomad

· 4h ago

Cross-chain liquidity is indeed a bottleneck. River's fundraising lineup is impressive, and the combination of Tron and Sui is very interesting, indicating that they truly want to find that line in the multi-chain era. However, whether the $12 million investment can genuinely solve slippage and security issues is the key; having money alone is not enough.

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MEVvictim

· 4h ago

Cross-chain liquidity is indeed a bottleneck. River's current funding round has a strong lineup, and Justin Sun and Hayes both investing at the same time indicates the direction is on the right track. However, given the significant difference between the Sui and Tron ecosystems, how can one solution address both? The details still need to be seen.

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SchrodingersPaper

· 4h ago

This financing lineup is indeed luxurious, with Tron DAO and Arthur Hayes both investing, indicating that River's matter is not just talk. Cross-chain liquidity is indeed a necessity, and it's just a matter of who can get it running first.

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