River has successfully closed a $12 million strategic financing round, with significant participation from Maelstrom Fund, founded by Arthur Hayes. Other notable investors include Tron DAO, Justin Sun, The Spartan Group, and several Nasdaq-listed companies from the US and Europe. The funds will be used to expand River's operations into both EVM and non-EVM ecosystems, enhancing its on-chain liquidity infrastructure across networks like TRON and Sui.