Rain Secures $250M in Series C Funding, Valuation Reaches $1.95B
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 10 2026- Successful Funding: Rain has successfully completed a $250 million Series C funding round led by ICONIQ, valuing the company at $1.95 billion, reflecting the growing market interest in stablecoin infrastructure that could accelerate enterprise adoption of digital assets.
- Market Expansion Plans: The capital raised will be utilized to expand Rain's global infrastructure across various key licensed markets, which is expected to significantly bolster the use of stablecoins in everyday transactions, thereby increasing the company's market share in the digital payments sector.
- Surge in Payment Volume: CEO Farooq Malik noted a staggering 38-fold increase in annualized payment volume, indicating a rapid rise in demand for stablecoin payments, with the goal of achieving a seamless payment experience to facilitate widespread enterprise adoption.
- Enhanced Confidence in Technology: Kamran Zakif from ICONIQ highlighted Rain's strengths in regulatory readiness and full-stack tech capabilities, indicating the company's potential to redefine payment networks in the evolving digital finance landscape.
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.
