Rain Secures $58M Series B Funding Led by Sapphire Ventures for Global Expansion
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Successful Funding: Rain has completed a $58 million Series B funding round led by Sapphire Ventures, with the capital aimed at expanding its global infrastructure, highlighting the growing importance of stablecoins in global commerce.
- Technological Growth: This funding will enhance Rain's integration capabilities with Visa's network, as CEO Farooq Malik states that stablecoins are becoming the backbone of global commerce, driving the company's strategic expansion across Europe, MENA, and the Asia-Pacific regions.
- Compliance-First Approach: The new capital will focus on boosting Rain's platform globally, ensuring easier integration of digital assets in markets where regulation permits, emphasizing compliance-first solutions to achieve enterprise-ready outcomes.
- Market Prospects: Stablecoins have reached hundreds of billions in circulation but were previously difficult to spend; Rain is addressing this by connecting stablecoins to Visa's global network, facilitating a historic transformation in digital payments.
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.







