River announced that it had secured strategic investment from Maelstrom Fund, the crypto fund founded by Arthur Hayes, co-founder of BitMEX.
The strategic investment supports River’s long-term mission to build the first chain-abstraction stablecoin system, designed to allow capital to move freely across ecosystems without assets ever being locked, wrapped, or fragmented by chains.
Ahead of the announcement, $RIVER demonstrated strong market momentum, reaching a new ATH $20 and recording sustained trading activity across derivatives markets, including over $1.5 billion in 24-hour volume on Binance Perps.
Today, River integrates with more than 30 protocols across major ecosystems, including Ethereum, BNB Chain, and Base.
The system currently supports over $300 million in TVL, with satUSD circulation exceeding $100M.
About River
River is building the first chain-abstraction stablecoin system that connects assets, liquidity, and yield across ecosystems.
- Website: https://app.river.inc
- X: https://x.com/RiverdotInc
- Telegram: https://t.me/river_inc
- Discord: https://discord.com/invite/river-inc
