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River Receives $8 Million Strategic Investment from Justin Sun to Support Deep Integration into the TRON Ecosystem

2 hours ago

On January 22, River announced via an official statement that it has secured an $8 million strategic investment from Justin Sun. The funding will support its deep integration into the TRON ecosystem and deployment of chain-agnostic stablecoin infrastructure. River will bring cross-ecosystem assets and liquidity to TRON via its stablecoin, satUSD. The token can be minted 1:1 against USDT, USDD, or USD1, or backed by multi-chain assets—enabling users to access TRON’s native high-yield opportunities directly. satUSD will join USDT and USDD in the SUN.io stablecoin pool, with price oracles powered by WinkLink. It will also be available for lending on JustLend. The integration will include core assets like USDT, TRX, wBTC, BTT, JST, SUN, WIN, and NFTs, with native sTRX staking rewards serving as the initial onboarding point. River also plans to roll out a Smart Vault and an institutional-grade Prime Vault, delivering a scalable yield solution for stablecoins and TRON’s core assets.
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Goldman Sachs Reiterates Bullish Stance on Gold: Raises Year-End Target to $5400, Sees High Above $7000

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「Former PEPE Top Bull」 Reloads Long on ETH, Entry Price: $3006.63

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