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DeFi

River Attracts TRON DAO Investment

By admin
0 35

River Attracts TRON DAO Investment

Ekaterina Bogatyreva

River, a cross-chain liquidity and stablecoin infrastructure provider, has secured an $8 million strategic investment from TRON DAO to support the rollout of its chain-abstraction stablecoin infrastructure and speed up integrations across the TRON ecosystem. TRON DAO is a decentralized governance organization for the TRON network.

River connects cross-ecosystem assets and liquidity into TRON through satUSD. satUSD is designed to give users direct access to TRON-native yield opportunities. It will be integrated into stablecoin pools on TRON DeX Sun, with price feeds supplied by Winklink, a TRON-based oracle network. The asset will also be available on JustLend, enabling lending and borrowing activity within the ecosystem.

Beyond stablecoins, the integration scope includes USDT, TRX, wBTC, BTT, JST, SUN, WIN, and selected NFT use cases. Native sTRX staking yield is expected to serve as the first entry point. River also plans to launch Smart Vault and an institutional-grade Prime Vault, targeting yield strategies for stablecoins, TRX, and core TRON assets.

Image: Freepik

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