Bitcoin technology and financial services company River has completed a $35 million Series B financing round, led by Kingsway Capital.

According to BlockBeats news on May 16th, Bitcoin technology and financial services company River has completed a $35 million Series B financing round, led by Kingsway Capital with participation from Peter Thiel, Cygni, Goldcrest, and Valor Equity Partners. Reportedly, River provides a wide range of Bitcoin-related services to individuals and businesses, including brokerage firms with full reserve custody, as well as wallets that support on-chain and Lightning Network transactions.