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Rain Raises $250M Series C on Jan 9, Hits $1.95B Valuation to Scale Stablecoin Payments
Rain closed a $250 million Series C, announced January 9, led by ICONIQ, valuing the stablecoin payments firm at $1.95 billion. The company plans to expand infrastructure across five continents, integrate US ACH and European SEPA, and grow Visa-linked stablecoin cards serving 150+ countries. Additional backers include Sapphire Ventures, Dragonfly, and Bessemer, bringing total funding to over $338 million.
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a16z crypto outlines 2026 vision: markets, verifiable computing and staked media beyond new blockchains
Andreessen Horowitz's a16z crypto unit said in a Thursday outlook that the 2026 phase of digital assets will be driven by prediction markets, verifiable computation and "staked media" rather than launching new blockchains. The firm highlighted growth in platforms like Polymarket and Kalshi, advances in zero-knowledge proofs for cloud workloads and a model where media participants back their claims with onchain, financially exposed commitments.
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