Stablecoin company Rain completes $250 million funding at a $1.95 billion valuation, with ICONIQ leading the investment

GateUser-6433627c · 2026-01-09T11:30:16+00:00

Stablecoin company Rain completes a $250 million funding round at a $1.95 billion valuation, led by ICONIQ, involving several well-known investment institutions. The total funding exceeds $338 million, aiming to expand market presence and respond to global regulatory changes.

GateUser-6433627c

2026-01-09 11:30:16

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On January 9, according to Bloomberg, stablecoin company Rain announced a $250 million funding round at a valuation of $1.95 billion, with ICONIQ leading the investment, and Sapphire Ventures, Dragonfly, Bessemer, Lightspeed, and Galaxy Ventures participating. To date, the company’s total funding exceeds $338 million. Rain has helped clients launch stablecoin cards on the Visa network. The company plans to use this capital to expand its presence in North America, South America, Europe, Asia, and Africa, and will also utilize these funds to adapt to the rapidly changing global regulatory environment.

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