River
Chain Abstraction Stablecoin System
River
@RiverFollowers146.62 K
Following28
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Decentralized Prime BrokerageRiver is building a chain-abstracted stablecoin system, connecting assets, liquidity, and returns across multiple blockchains. Through its core stablecoin, satUSD, users can achieve returns, leverage, and scale across diverse ecosystems. River's key feature is its pioneering omni-CDP module, allowing users to collateralize assets on chain A and mint satUSD on chain B—all without requiring cross-chain asset bridging.
Team Members
NakaFounder
CryptoCharming Core team members
Investors
CMS Holdings
RockTree Capital
Cypher Capital Group
Side Door Ventures
Comma3 Ventures
Optic Capital
Metalpha
Outliers Fund
Paul Taylor
Yenwen Feng
Waterdrip Capital
MH Ventures
Cogitent Ventures
MoveBit
Supremacy
SatoshiLab
Kamran IqbalFundrasing details
| Funding Round | Amount | Valuation | Date | Investors |
|---|---|---|---|---|
Seed | $2.00M | -- | 2024-07-08 |  CMS Holdings* RockTree Capital*+ 8 |
Pre-Seed | -- | -- | 2024-03-25 |  Waterdrip Capital* MH Ventures+ 5 |