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River completes $12 million funding, partners with Tron and Sui to build cross-chain liquidity
【Chain News】River has just announced a successful funding round—raising $12 million. The funds come from several heavyweight names: Tron DAO, Justin Sun, Arthur Hayes’s Maelstrom Fund, The Spartan Group, and several NASDAQ-listed companies from the US and Europe.
After this funding round, River’s ambitions are now clear. They plan to make a big impact in both EVM and non-EVM ecosystems, with a focus on networks like TRON and Sui. The core focus remains on building on-chain liquidity infrastructure—that is, making asset flows between different chains smoother. In the era of multi-chain, such infrastructure indeed has significant potential.