Will's Blog: Rain, which helps businesses issue stablecoin-linked Visa cards, raised a $250M Series C led by ICONIQ at a $1.95B valuation, bringing total funding to $338M+ (Pragyan Kalita/Reuters)

9 January 2026

Rain, which helps businesses issue stablecoin-linked Visa cards, raised a $250M Series C led by ICONIQ at a $1.95B valuation, bringing total funding to $338M+ (Pragyan Kalita/Reuters)

Pragyan Kalita / Reuters:
Rain, which helps businesses issue stablecoin-linked Visa cards, raised a $250M Series C led by ICONIQ at a $1.95B valuation, bringing total funding to $338M+ — Stablecoin firm Rain said on Friday it has raised $250 million in a funding round led by ICONIQ, valuing the company at $1.95 billion …

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