Rain Financial Closed $110 Million Series B Financing Led by Paradigm and Kleiner Perkins

Cryptocurrency exchange Rain Financial closed a $110 million Series B funding round led by Paradigm and Kleiner Perkins with participation from Coinbase Ventures, Global Founders Capital, MEVP and others. The funds raised will be used to strengthen its technology platform, scale its team, and obtain licenses in additional countries. Rain was founded in 2017 and two years later became the first licensed crypto asset service provider in the Middle East. Previously, Rain closed a $6 million Series A funding round led by MEVP with participation from Coinbase Ventures and others.
Source

Fund Raising

Related News
Solana-based memecoin generator Pump.fun raising $1 billion via token sale: report Solana-based memecoin generator Pump.fun raising $1 billion via token sale: report
Cobie's ICO platform Sonar goes live with Plasma seeking $50 million at $500 million token valuation Cobie's ICO platform Sonar goes live with Plasma seeking $50 million at $500 million token valuation
Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million
ZK-powered onchain credit analytics startup Accountable raises $2.3 million seed round ZK-powered onchain credit analytics startup Accountable raises $2.3 million seed round
Crypto-AI startup Fraction AI raises $6 million in pre-seed funding Crypto-AI startup Fraction AI raises $6 million in pre-seed funding
Latest News More More
2 Days Ago XRP Ledger adopts USDC one week after Circle goes public
2 Days Ago Wall Street back-office giant DTCC mulls stablecoin integration: report
5 Days Ago Foresight Ventures Report Shows a Pendulent Shift of Over 32,000 Global Merchants Accepting Crypto Payment
6 Days Ago Hyperliquid hits record $248 billion perp volume in May, capturing over 10% of Binance flow
6 Days Ago Sui DEX Cetus Protocol restarts platform after recovering from $223 million exploit
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open