River Completes $12 Million Strategic Funding Round with Participation from Maelstrom Fund, The Spartan Group, and Others

Odaily News River announced the completion of a $12 million strategic funding round. Investors include Tron DAO, Justin Sun, the Maelstrom Fund founded by Arthur Hayes, The Spartan Group, and several Nasdaq-listed companies from the United States and Europe. The funds raised will be used to accelerate ecosystem deployment, deepen stablecoin liquidity, and promote the integration of satUSD in trading, lending, staking, and yield scenarios. River plans to launch yield products for retail and institutional clients, including Smart Vault and Prime Vault, providing a unified interface for accessing yields through protocol-native and institutional-grade strategies.