Crypto Trading Platform RainFinancial Closes $110M Series B Funding Round Led by Paradigm and KleinerPerkins

2022-1-18 12:54
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On January 18, Rain Financial, a venture capital firm based in the Kingdom of Bahrain (Western Asia), announced the completion of a $110 million Series B round. This company was run by Paradigm and Kleiner Perkins. Coinbase Ventures, Global Founders Capital, MEVP, Cadenza Ventures, JIMCO and CMT Digital have joined the investment. Proceeds from the competition will be used to fund licensing in various countries, strengthen technology platforms and expand teams. As previously reported, crypto trading platform Rain Financial announced that it raised $6 million in Series A revenue in January 2021.

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2022-1-18 12:51