Stablecoin abstraction platform River (RIVER) has announced the official launch of Prime Vault, an investment product designed for institutions. The platform's total value locked (TVL) has reached $250 million, and applications for the institutional whitelist are now open. River aims to connect various ecosystems and users through its chain abstraction stablecoin system. In addition to Prime Vault, the platform also offers Smart Vault, a one-click deposit yield product. Meanwhile, RIVER was selected as the first BuildKey TGE project for the Binance Wallet, attracting $100 million in inflows within two hours of its launch. The token's 24-hour trading volume is $150 million, with 29,000 holding wallets.
River launches Prime Vault for institutional investors
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