Rain Raises $250M to Scale Its Payments Capabilities Globally

TL;DR:

The Series C funding round, led by Iconiq, will allow the company to expand into key licensed markets, opening the doors for partners to launch compliant solutions in these jurisdictions. Rain also became a unicorn, with its valuation reaching $1.

Key Points:

Background:

Bitcoin is the first and largest cryptocurrency by market capitalization, often viewed as digital gold and a store of value.

Why It Matters:

This development could influence SOL price action and market sentiment in the near term.