Is River a funded company?

River is a funded company, having raised a total of $12M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 06, 2026.

When was the latest funding round of River?

River's latest funding was a $***** Series A round on Jan 21, 2026, with participation from 4 investors.

Where does River rank among its competitors?

River ranks 50th amongst 317 active competitors, of which 72 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was JPYC, which secured $31.4M in May, 2026.

Who are the top competitors of River?

River's top competitors include Circle, Terra and KAST. Among them, JPYC secured the most recent funding round in May, 2026.

River - 2026 Company Profile, Funding & Competitors

River is a series A company. It operates as a First chain-abstraction stablecoin system. River has raised $12M in funding. The company has 317 active competitors, including 72 funded and 7 that have exited. Its top competitors include companies like Circle, Terra and KAST.

Company Details

First chain-abstraction stablecoin system. It connects liquidity across ecosystems and channels it into new growth opportunities. It allows users to collateralize assets on one chain and mint on another — natively earning, leveraging, and scaling across networks. It is an over-collateralized stablecoin backed by BTC, ETH, BNB, and other liquid staking tokens. It lets users access liquidity without selling their assets and earn yield by staking satUSD to share protocol revenue.

Website: river.inc
Social

Key Metrics

Stage

Series A

Total Funding

$12M in 2 rounds

Latest Funding Round

Series A, Jan 21, 2026, $*****

Investors

Justin Sun & 3 more

Ranked

50^th among 317 active competitors

Similar Companies

Circle & 531 more

View River's full profile

River has raised a total funding of $12M over 2 rounds. Its first funding round was on Jan 06, 2026. Its latest funding round was a Series A round on Jan 21, 2026 for $*****. 4 investors participated in its latest round. River has 3 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of River:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 21, 2026	6105251	Series A	9424048	2537865	2347706	3506411
Jan 06, 2026	1513026	Seed	1328187	3528441	4298993	Maelstrom

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Top competitors of River include Circle, Terra and KAST. Here is the list of Top 10 competitors of River, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Circle 2013, Boston (United States), Public	Cross-border payment solution for businesses focusing on cryptocurrency	$1.5B	Fidelity Investments, Breyer Capital & 51 others	88/100
2nd	Terra 2018, Singapore (Singapore), Series B	Blockchain network for payments	$125M	Huobi, Binance Labs & 42 others	75/100
3rd	KAST 2024, Mutsamudu (Comoros), Series A	App-based platform offering stablecoins	$90M	Left Lane, QED Investors & 3 others	71/100
4th	Celo 2011, San Francisco (United States), Acquired	Blockchain-based stable coins for social payments and money transfers	$65M	Andreessen Horowitz, Polychain & 52 others	71/100
5th	StableCorp 2019, Toronto (Canada), Series A	Decentralized stable coin used for enabling B2B payments	$8.51M	FTP Ventures, VersaBank & 11 others	59/100
6th	MakerDAO 2014, San Francisco (United States), Series A	Stable coin based on Ethereum blockchain	$63M	Andreessen Horowitz, Transform Capital & 25 others	58/100
7th	JPYC 2019, Chiyoda City (Japan), Series B	Prepaid Japanese Yen Stablecoin made on public blockchain	$67.5M	Headline, Ds Hd & 17 others	57/100
8th	TrustToken 2017, San Francisco (United States), Series A	Decentralized platform for physical asset tokenization	$32.5M	BlockTower, Jump Trading & 29 others	57/100
9th	1Money 2024, Bermuda, Seed	Provider of a stablecoin payments network	$20M	F-Prime Capital, Ethereal Ventures & 26 others	56/100
10th	Schuman Financial 2024, Paris (France), Seed	Developer of infrastructure for on-chain finance	$7.36M	RockawayX, Bankless Ventures & 5 others	56/100
50th	River Series A	First chain-abstraction stablecoin system	$12M	Spartan Group, Maelstrom & 2 others	36/100