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Rain (cryptocurrency)

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Rain Financial is a Bahrain-based cryptocurrency exchange founded in 2016. It received a Crypto-Asset Module (CRA) license from the Central Bank of Bahrain.[1][2]

The Rain crypto-exchange was founded by co-founders Yehia Badawy, Abdullah Almoaiqel, AJ Nelson, and Joseph Dallago.[3][4]

In January 2021, it was announced that they had raised $6 Million USD in Series A round.[5]


  1. "Bahrain-Based Cryptocurrency Exchange Rain Gears Up For 2019 Launch". Forbes. October 14, 2018.
  2. Townsend, Sarah (October 10, 2018). "Bahraini cryptocurrency exchange eyes GCC launch in 2019". The National.
  3. "Bahrain crypto exchange Rain secures MidEast's first license". Arabian Business.
  4. "Middle East's first licensed crypto exchange closes a seed round of $2.5 million". Saudi Gazette. July 31, 2019.
  5. "Coinbase, MEVP Invest in Crypto-Asset Startup Rain". Bloomberg.com. 2021-01-17. Retrieved 2021-01-29.

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