Rain, founded in 2017, is spearheading the digital currency exchange landscape as a cryptocurrency brokerage and custodian service, primarily serving the Middle East, Turkey, and North Africa. Headquartered in Bahrain, the company has adeptly positioned itself within a rapidly growing market for digital currencies in these regions.
The recent influx of $110.00M from a Series B investment concluded on 01 January 2022 underscores investor confidence in Rain's strategic direction. Esteemed investors including CMT Digital, Kleiner Perkins, Global Founders Capital, Coinbase Ventures, Paradigm, Cadenza Ventures, and Middle East Venture Partners have rallied behind Rain, highlighting the potential for significant growth and expansion.
With the digital currency market on an upward trajectory, Rain's strategic location and experienced leadership offer promising prospects for investors looking to capitalize on emerging opportunities in the cryptocurrency sector within this region.