River Financial Inc.

River is a U.S.-based, Bitcoin-only financial services company founded in 2019 by Alex Leishman with a mission to build the world's most trusted financial institution. Unlike multi-coin exchanges, River is built exclusively around Bitcoin, with proprietary custody infrastructure, a multi-signature cold storage system, and full-reserve custody that clients can verify through the company's Proof of Reserves. River offers individuals and businesses a platform to buy, sell, send, and securely store bitcoin, with zero-fee recurring buys and Bitcoin Interest on Cash that pays interest on USD balances in bitcoin. In April 2026, River launched banking services, allowing clients to replace their traditional checking and savings accounts with a bitcoin-native experience including direct deposit and bill pay. The company builds all of its own infrastructure in-house rather than relying on third-party custodians, giving it full control over security, product development, and the client experience. River operates one of the largest Lightning Network nodes in the world and has published its private financials publicly to set a new transparency standard for the industry. Headquartered in San Francisco with offices in Columbus and New York, River has raised $70M in funding and serves clients across 48 U.S. states. This listing represents bitcoin held on River's own corporate balance sheet, separate from custodied customer funds.