What exactly did River do right? A few days ago, they just secured an investment of 8 million from Brother Sun, and today they obtained investment from a NASDAQ-listed company.
It’s rare to see a project go live for such a long time and continuously receive investments (it seems like there hasn’t been one 😂).
In just one month, $RIVER completed a strategic financing of 12 million dollars.
Participants include Brother Sun from TRON @justinsuntron, the inventor of perpetual contracts @CryptoHayes, and NASDAQ-listed institution @TheSpartanGroup.
River is likely finding a very key position in the layout of "cross-chain stablecoins"; they have already connected with the Sui chain and may connect with more public chain ecosystems in the future.
In the future, River will launch yield products for users/institutions, providing a unified yield entry across ecosystems.
Today, $RIVER reached a new high again, breaking through to 70 dollars. To be honest, I can’t understand this price anymore; let’s see if it can reach 80 later 😂
