{"id":21032,"date":"2023-05-17T09:54:59","date_gmt":"2023-05-17T09:54:59","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-firm-river-secures-35m-in-funding-round-led-by-kingsway-capital\/"},"modified":"2023-05-17T09:54:59","modified_gmt":"2023-05-17T09:54:59","slug":"bitcoin-firm-river-secures-35m-in-funding-round-led-by-kingsway-capital","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-firm-river-secures-35m-in-funding-round-led-by-kingsway-capital\/","title":{"rendered":"Bitcoin Firm River Secures $35M in Funding Round Led by Kingsway Capital"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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In a recent Series B funding round, Bitcoin technology and financial services firm, River, has successfully raised $35 million. The investment round was spearheaded by Kingsway Capital and saw contributions from billionaire investor Peter Thiel among others.<\/p>\n

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River\u2019s Bitcoin-Centric Offerings<\/h2>\n

River\u2019s suite of services caters to both individual and business clients, providing a broad spectrum of Bitcoin-related solutions. Its offerings range from a brokerage that facilitates zero-fee dollar-cost averaging and mining to a full-reserve custody service. In addition, River provides a wallet that supports on-chain transactions as well as transactions on the Lightning Network, an off-chain transaction solution that enhances Bitcoin\u2019s scalability by ensuring faster speeds and lower fees.<\/p>\n

In October, River unveiled River Lightning, an application programming interface (API) designed to simplify the process of integrating applications with the Lightning Network for companies.<\/p>\n

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CEO\u2019s Vision for a Transparent Economy<\/h2>\n

CEO of River, Alex Leishman, expressed in a press release that the recent bank failures and bailouts underscore the significance of Bitcoin. He highlighted the cryptocurrency\u2019s potential to pave the way for a more equitable, transparent, and fair global economy.<\/p>\n

Leishman emphasized that River\u2019s mission is to create an effortless avenue for the average individual to invest in Bitcoin as they seek alternatives to the existing financial structure. He stated that this funding round is a testament to River\u2019s dedication to fostering a reliable and robust financial ecosystem through the use of Bitcoin, the only uncorruptible digital currency in existence.<\/p>\n

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The Investor Line-up<\/h2>\n

The recent funding round saw participation from other investors like Cygni, Goldcrest, and Valor Equity Partners. This comes after River\u2019s successful Series A funding round in 2021, where the company raised $12 million.<\/p>\n

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(Originally posted on : Crypto News – iGaming.org ) In a recent Series B funding round, Bitcoin technology and financial services firm, River, has successfully raised $35 million. The investment round was spearheaded by Kingsway Capital and saw contributions from billionaire investor Peter Thiel among others. Get 125% \/ $2,500 on 1st deposit! New players […]<\/p>\n","protected":false},"author":5,"featured_media":21033,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/21032"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=21032"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/21032\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/21033"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=21032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=21032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=21032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}