River, a stablecoin infrastructure provider, has announced a strategic investment from Maelstrom Fund, a crypto-focused investment firm founded by Arthur Hayes, co-founder of the BitMEX exchange. The funding supports River’s long-term goal of building a chain-abstraction stablecoin system that allows capital to move across blockchain ecosystems without locking, wrapping, or fragmenting assets.
River is developing infrastructure designed to simplify cross-chain liquidity flows while maintaining native asset properties. The company focuses on stablecoin-based settlement and interoperability across multiple networks. According to the team, the system is intended to reduce friction for users and protocols operating in multi-chain environments.
cryptonews.net