#9 Private Company 🇺🇸 United States

River Financial Inc.

River is a Bitcoin-only company offering custody, trading, and more, built to be the world's most trusted financial institution. Read more

Balance Sheet

BTC Holdings

â‚¿478

BTC NAV
$38.1M
Holdings BTC vs USD value
â‚¿478
$38.1M USD value · as of May 13, 2026
BTC Holdings (left)
USD Value (right)
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Historical Holdings

About 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.

Leadership

Alex Leishman

Alex Leishman

CEO

Alex founded River in 2019 after studying Austrian economics and working in cryptography research at Stanford, where he helped teach Stanford's first Bitcoin class. Alex holds a Master's in Computer Science from Stanford and a Bachelor's in Aerospace Engineering from the University of Maryland.

Julia Duzon

Julia Duzon

COO

Julia joined River in 2021 and oversees operations, growth, and partnerships. She previously spent four years as Senior Director of Sales, Strategy, and Operations at First Republic Bank, co-founded Clear Lending (a mortgage fintech), and holds an MBA from Stanford Graduate School of Business.

James Page

James Page

CPO

James leads product management, design, marketing, and analytics at River, driving the development of the company's consumer and business products. Before River, he held product roles at Pinterest and Facebook managing product quality initiatives and advertising operations.

Services

Zero-Fee Recurring Buys

Zero-Fee Recurring Buys

Set up recurring buys to stack Bitcoin through dollar-cost averaging without paying any fees. This allows you to maximize your bitcoin holdings with zero costs on recurring purchases.

Learn more →
Bitcoin Interest on Cash

Bitcoin Interest on Cash

Earn interest on cash deposits with payouts made in Bitcoin, with no lock-up periods or monthly fees. Deposited USD earns interest paid in Bitcoin with FDIC insurance protection.

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Proof of reserves

Proof of reserves

All assets are held in full reserve with multi-sig cold storage for security. Clients can verify the reserves themselves using River's Proof of Reserves transparency tool.

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