This Series B funding was led by Kingsway Capital. Other investors included Peter Thiel, Goldcrest, Cygni, M13, Valor Equity Partners, Esas Ventures, and Alarko Ventures.

Founded in 2019, River is a Bitcoin technology and financial services company. River offers the full suite of Bitcoin brokerage, custody, and mining services in one easy-to-use mobile app and on River.com. The company is also a leader in Lightning infrastructure, powering Lightning transactions for other exchanges and wallets in the crypto ecosystem.