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🔸 Strategic Financing: The $12M round is significant. The backing from Maelstrom (Arthur Hayes' fund), Spartan, and Iron suggests that infrastructure experts see this as a long-term project designed to withstand market volatility. 🔸 Expansion to $SUI : By bringing satUSD to Sui, $RIVER is connecting the EVM (Ethereum-based) world with the Move ecosystem. This allows external liquidity to enter Sui applications natively, without the user having to deal with complicated wrapped tokens.
🔸 River is partnering with UTechStables to drive U utility and connect liquidity across ecosystems.
🔸 With River, U can be used across ecosystems without exposing users to chain specific complexity. Liquidity and yield remain connected rather than fragmented by network.
🔸 This integration routes U directly into onchain liquidity and yield opportunities across ecosystems.
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🔸 River closed a $12M strategic round, with participation from @TRON DAO @Justin Sun孙宇晨 , MaelstromFund (founded by CryptoHayes), TheSpartanGroup alongside Nasdaq-listed companies and institutions from the US and Europe.
🔸 The investment supports River’s expansion across EVM and non-EVM ecosystems, including TRON, Sui, and major EVM networks, and the continued build-out of on-chain liquidity infrastructure.