Rain Secures $250M Funding Led by ICONIQ, Valuing Company at $1.95B
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 09 2026- Funding Expansion: Rain has completed a $250 million Series C funding round led by ICONIQ, bringing its total funding to over $338 million and valuing the company at $1.95 billion, reflecting strong market confidence in its stablecoin payment infrastructure as it grew over 17 times in just 10 months.
- Market Expansion Plans: The new funding will enable Rain to expand compliant solutions in key licensed markets across North America, South America, Europe, Asia, and Africa, further enhancing its global operational capabilities to meet the rising demand from enterprises.
- Platform Enhancement: Rain will utilize this capital to deepen its full-stack stablecoin payments platform, including strategic acquisitions to bolster its technological capabilities, thereby maintaining a competitive edge in the rapidly evolving payments industry.
- User Base Growth: Over the past year, Rain's active card base has increased 30 times, and its annualized payment volume has surged by 38 times, indicating a rapid increase in market penetration within the stablecoin payment sector, with potential to attract more enterprise clients in the future.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
