River launches Prime Vault with $250M institutional TVL whitelist applications now open

ChainCatcher News, River today announced the launch of Prime Vault, an institutional-grade yield product that has already accumulated $250M in deposits from institutions. Assets remain under custodian wallets while generating yield, ensuring risk-controlled exposure. The whitelist for institutional onboarding is open as of today.

River is the first chain-abstraction stablecoin system, designed to connect every asset to its opportunity. Built on its omni-CDP model, River enables users to deposit assets on one chain and mint satUSD on another. 

On this foundation, River has introduced a dual product line: Smart Vault for retail users and Prime Vault for institutions.