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Stablecoin Platform River Raises $12M In Strategic Funding
River announces a new $12M investment to continue scaling its mission to become a leading cross-chain platform, powered by a mix of stablecoin products.
Onchain activity for earning stablecoin yield natively across different chains is getting more attention in recent months (Adrien / Unsplash)
River has announced it has officially raised $12M in a strategic round.
River is on a mission to become a $10B onchain bank that offers users differentiated liquidity and yield. This investment included the Tron ecosystem (both the network and its founder, Justin Sun), as well as Maelstrom Fund, The Spartan Group and others.
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