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Rain, a US-based infrastructure provider for stablecoin payments, has raised US$250 million in a Series C funding round led by ICONIQ.
The round also included participation from Sapphire Ventures, Dragonfly, Bessemer Venture Partners, Galaxy Ventures, FirstMark, Lightspeed, Norwest, and Endeavor Catalyst.
The round values Rain at US$1.95 billion and brings total funding to over US$338 million, coming just four months after its Series B and…
