Peter Thiel Backs Bitcoin Startup River in $35M Round
Briefly

Bitcoin technology and financial services company River has raised $35 million in a Series B round led by investment firm Kingsway Capital, with participation from billionaire investor Peter Thiel.River offers a wide range of bitcoin-related services for individuals and businesses, including a brokerage that offers zero-fee dollar-cost averaging, mining, full-reserve custody, and a wallet that supports both on-chain transactions and transactions on the Lightning Network - a bitcoin scaling solution that settles transactions off-chain for faster speeds and lower fees.
Read at Coindesk
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