River has launched the institutional-level wealth management product Prime Vault, which currently has a cumulative TVL of 250 million USD and has opened the whitelist for institutional applications

ChainCatcher news, River official announcement of the launch of the institutional-level financial product Prime Vault, with a current TVL of 250 million USD. Users can earn yields in the wallets of custodians, and the platform will also open institutional deposit applications today.

River is the first chain-abstracted stablecoin system, aiming to connect various ecosystems and users, redefining the relationship between assets and opportunities. Based on stablecoins, it has launched yield products Smart Vault and Prime Vault with one-click deposits.