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River Secures Strategic Investment from Maelstrom

source-logo  cryptonews.net 13 h
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Ekaterina Bogatyreva

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.

Ahead of the announcement, the RIVER token showed increased market activity, reaching a new all-time high of $20. Trading volumes also rose across derivatives markets, with Binance Perpetuals recording more than $1.5 billion in 24-hour volume. The price movement reflected growing interest in the protocol and its underlying model.

River currently integrates with over 30 protocols across major ecosystems, including Ethereum, BNB Chain, and Base. The platform reports more than $300 million in total value locked, while circulation of its satUSD stable asset has exceeded $100 million.

Image: Freepik