Bahrain based crypto brokerage raised $110m in Series B funding led by Kleiner Perkins and Paradigm.
“We believe Rain is a crucial piece of the puzzle for bringing the Middle East deeper into the new crypto economy. Their emphasis on supporting and educating those new to crypto alongside strong banking and regulatory relationships has helped them build a service people trust. This is just the beginning for Rain, and we're honored to support their growth,” said Paradigm investment partner Casey Caruso in an email to CoinDesk.