River Announces Strategic Investment from Maelstrom Fund, Founded by Arthur Hayes
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,