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Justin Sun, the founder of Tron, invested $ 8 million in the stream of the DeFi project to support the integration of the environment on the Tron blockchain and the deployment of the infrastructure of the blockchain-scraped stablecoin stream.
The agreement allows Tron to adopt the technology of River Cross via satUSD, a stablecoin mintable 1:1 with USDT, USDD, or USD1.
River announced funding on
The investment comes weeks after MaelstromFund, which was founded by BitMEX co-founder Arthur Hayes, It’s project support Also in early January.
Stream secures stablecoin integration through the TRON ecosystem
According to the announcement, Justin Sun’s capital will support multiple transactions, including stablecoin pools along with USDT and USDD on SUN, lending and borrowing on JustLend, and premium food provided by WinkLink.
The integration is compatible with the underlying assets, including USDT, TRX, wBTC, BTT, JST, SUN, WIN, and NFT applications, for which sTRX reserves the yield as a starting point.
River also plans to launch Smart Vault and Prime Vault products that focus on ways to return stablecoins, TRX, and other Tron assets.
Since the investment announcement, the price of the River token (RIVER) has risen more than 20%, reaching a high of $48.74.
Digital currency available Over 800% profit In the last 30 days, its market value has reached about $ 840 million, jumping from $ 8 to the current $ 42.68 since January with a value of $ 100 million.
Led Hayes’ investment in Maelstrom at the beginning of January led to a 600% meeting of RIVER within weeks, with the price of the symbol rising from $3 to $19.
Market observers said this was due to Hayes’ admission that the belief in off-chain technology is the key to DeFi’s growth.
The stream is now included With more than 30 protocols The entire ecosystem, including Ethereum, BNB Chain and Base, is managed by over $100 million in satUSD.
Legal challenges hamper Sun’s operations
Sun’s recent capital offering comes amid ongoing regulatory scrutiny over alleged abuse of stablecoin TrueUSD (TUSD).
Last November, a judge at the Dubai International Financial Center imposed a global freeze on assets worth $456 million linked to TUSD reserves, linked to Sun’s initial rescue of the token.
And according to Case files Techteryx, which acquired TrueUSD in 2020, failed to redeem a large portion of its US currency managed by First Digital Trust between 2022 and 2023.
Techteryx’s lawyer said the reserves held in Hong Kong were about $468 million invested in the Aria Commodity Finance Fund, although about $456 million were transferred directly to Aria Commodities DMCC.
The money transfers led to lawsuits for breach of trust and knowing receipts, which led to an anti-bankruptcy order and an international asset freeze.
After Dubai, Democrats in Congress on January 15 accused the SEC of working to pay for the regulation of cryptocurrency security issues, especially for the support of the Sun organization.
Rep. Maxine Waters posted Detailed message to SEC Chairman Paul Atkins highlights Sun’s deep financial ties to the Trump family’s businesses, pointing to his $75 million investment in World Liberty Financial.
The sun is also one of the Owners of Trump’s digital currency (memcoin) which invited him to attend a dinner at the White House in May 2025 for major investors.
Founder of Tron @justinsuntron has received a Golden Tourbillon watch named Trump for having a great President @realDonaldTrumpmemecoin.#Trump # Sunhttps://t.co/NI4bVy3smJ
– Cryptonews.com (@cryptonews) May 23, 2025
The regulators also said that Sun organized the offering and sale of two crypto asset securities without proper registration, and managed hundreds of thousands of fake TRX transactions that earned about $31 million from unsuspecting investors.
Judge Vernon Broderick of the Southern District of New York dismissed the claims in one privacy class, as the plaintiffs allege that Sun and Tron illegally sold TRX as unregistered securities.
Despite these ongoing legal challenges, Sun continues to grow its portfolio with cryptocurrencies, with Bloomberg estimating its net worth at around $12.5 billion.
A note Tron founder Justin Sun invests $8 million in River’s stablecoin scraping technology appeared for the first time Cryptonews Arabic.
