Rain raises $250M Series C, valuation climbs to $1.95B

17.01.2026

The company announced a $250 million Series C round, lifting its valuation to $1.95 billion. The deal underscores a broader market shift: capital is increasingly flowing into stablecoin infrastructure when it supports practical, high-frequency use cases — business wallets, payment issuance, and card-based spending experiences that can scale. Rain’s strategy centers on turning tokenized dollars into a settlement layer, with enterprise-ready products built on top for merchants and partners. Growth metrics matter here: rising active usage and payment volume are often interpreted as proof of real-world demand rather than purely speculative activity.