River has completed a $12 million strategic funding round, with participation from Maelstrom Fund, The Spartan Group, and others.

PANews reported on January 23 that River has completed a $12 million strategic funding round. Investors include Tron DAO, Justin Sun, Maelstrom Fund (founded by Arthur Hayes), The Spartan Group, and several Nasdaq-listed companies in the US and Europe. This funding round will support River's expansion into both EVM and non-EVM ecosystems, including multiple networks such as TRON and Sui, and will continue to build its on-chain liquidity infrastructure.

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