River Raises $12M to Transform into a $10B Onchain Bank

Stablecoin Platform River Raises $12M In Strategic Funding

River announces a new $12M investment to continue scaling its mission to become a leading cross-chain platform, powered by a mix of stablecoin products.

Ron Kotli

Published: January 23, 2026

1 Min Read

Disclosure: This is intended for informational purposes only and does not in any way constitute or solicit financial, professional, or legal advice. Readers should conduct their own due diligence at all times.

River has announced it has officially raised $12M in a strategic round.

River is on a mission to become a $10B onchain bank that offers users differentiated liquidity and yield. This investment included the Tron ecosystem (both the network and its founder, Justin Sun), as well as Maelstrom Fund, The Spartan Group and others.

$12M Strategic Round Closed

River closed a $12M strategic round, with participation from @trondao @justinsuntron, @MaelstromFund (founded by @CryptoHayes), @TheSpartanGroup alongside Nasdaq-listed companies and institutions from the US and Europe.

The investment supports… pic.twitter.com/Hz9ei82sgm
— River (@RiverdotInc) January 23, 2026

As a cross-chain platform, River currently has 870K users and 159M in satUSD, which is its over-collateralised stablecoin (mainly crypto native asset backing including Bitcoin, Ethereum and others).

The platform’s native yield-bearing stablecoin is satUSD+ and can be used across different risk level vaults employing strategies across the onchain ecosystem.

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