River receives strategic investment from Arthur Hayes' Maelstrom Fund; RIVER token surges 600%.

PANews reported on January 6th that River has received strategic investment from Maelstrom Fund, established by BitMEX founder Arthur Hayes, to support the development of its blockchain-based stablecoin system. Driven by this news, the River token surged to $19, a weekly increase of 600%, with total network trading volume reaching $2.6 billion. Binance contracts saw a 24-hour trading volume exceeding $1.4 billion, ranking among the top five in market capitalization. satUSD has integrated with over 30 protocols, with a circulating supply exceeding $100 million.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
Bitcoin's RSI has fallen to its lowest level since the 2020 crash, and analysts say the probability of a rebound to $70,000 has increased.
PANews Newsflash