Rain-raises $2.5 million and acquires regulatory license

Middle East’s first licensed crypto exchange ‘Rain’ is live and closes $2.5M SEED funding round

BAHRAIN’S CRYPTO-EXCHANGE STARTUP RAIN CLOSES $2.5 MILLION SEED ROUND

Bahrain’s Rain closes $2.5 million seed round, becomes first licensed cryptocurrency exchange in the Middle East

Rain, a cryptocurrency exchange, has secured a $2.5 million funding round co-led by BitMEX Ventures and Blockwater. The exchange also received regulatory approval from Bahrain’s central bank and opened its doors for business. Rain is the first project and graduate under the Central Bank of Bahrain’s (CBB) sandbox program, looking to fill a gap in the Middle East’s digital asset market. The funding will be used for continued infrastructure development and team additions.

Rain Raises $2.5 Million and Launches in Bahrain

Rain is a cryptocurrency exchange that received regulatory approval from Bahrain’s central bank and opened its doors for business. The exchange also closed a $2.5 million funding round co-led by BitMEX Ventures. Rain is the first project and graduate under the Central Bank of Bahrain’s (CBB) sandbox program, looking to fill a gap in the Middle East’s digital asset market.

Rain is a cryptocurrency exchange that received regulatory approval from Bahrain’s central bank and opened its doors for business.

6 years ago

Rain Raises $2.5 Million and Launches in Bahrain

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