About Rain
Rain is the first company in the Middle East to be licensed by the Central Bank of Bahrain in 2019. Rain is also licensed and regulated by the Abu Dhabi Global Market (ADGM) in the UAE in 2023.
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Rain has been on a steady path of growth since its inception
Rain was accepted into the Central Bank of Bahrain’s regulatory sandbox, becoming the first crypto-asset company in the program.
Rain obtained third party review, and fulfilled all requirements of the Central Bank of Bahrain's sandbox. The CBB issued draft regulation, and collected Rain’s feedback in preparation for the final version of the license.
Rain officially graduated as the first licensed crypto asset company in the Middle East. The Central Bank of Bahrain published its finalized crypto-asset regulatory framework.
Rain successfully closed USD 6M in Series A funding and exceeded USD 100M in cumulative trading volume in the second half of the year.
Rain exceeded USD 1B in trading volume during the first half of the the year alone. That same year, Rain launched in Turkey and raised USD 110M in its Series B funding.
Rain received in-principle approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to operate as a regulated crypto-asset service provider within the UAE.
Rain Trading Limited received regulatory approval from Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA), allowing it to expand its services in the UAE.
Rain was among six companies to be selected and shortlisted for a full license in Turkey.
Our Story
Rain was founded in 2017 by AJ Nelson, Joseph Dallago, and Yehia Badawy, with the aim of establishing a regulated Crypto Asset platform in the Middle East. In 2017, Rain entered the Central Bank of Bahrain’s (CBB) regulatory sandbox program, becoming the first crypto-asset company to be accepted into the program. This initiative provided Rain the opportunity to collaborate with the CBB to build a compliant framework for crypto services.
In 2019, Rain graduated from CBB's sandbox program, becoming the first licensed crypto-asset service provider in the Middle East. In 2023, Rain expanded its regulatory footprint as Rain Trading Limited received a Financial Services Permission from Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA), licensing the company to offer brokerage and custody services in the UAE. Additionally, Rain is currently operating in Turkey and is in the process of applying for a local license, further extending its commitment to regulated crypto services across the region.
Rain now operates in 10 countries across the region and offers 45+ coins through a robust platform designed for buying, selling, and storing crypto assets.
At Rain, our mission is to drive the adoption of crypto assets in the region by providing a secure, easy to use, and fully licensed platform for individuals and institutions.
As the first company in the region to be licensed by the Central Bank of Bahrain in 2019 and later regulated by the Abu Dhabi Global Market (ADGM) in the UAE in 2023, we have set the benchmark for trust and compliance in the region. In Turkey, we are proud to be among the few crypto platforms shortlisted by regulators for a license, reflecting our commitment to expanding access across the region.
We are dedicated to offering a platform built on customer security, regulatory excellence, and ease of use, ensuring crypto assets are accessible in a safe and reliable way.
Our mission
At Rain, our mission is to drive the adoption of crypto assets in the region by providing a secure, easy to use, and fully licensed platform for individuals and institutions.
As the first company in the region to be licensed by the Central Bank of Bahrain in 2019 and later regulated by the Abu Dhabi Global Market (ADGM) in the UAE in 2023, we have set the benchmark for trust and compliance in the region. In Turkey, we are proud to be among the few crypto platforms shortlisted by regulators for a license, reflecting our commitment to expanding access across the region.
We are dedicated to offering a platform built on customer security, regulatory excellence, and ease of use, ensuring crypto assets are accessible in a safe and reliable way.
What we offer
Regulated platform
The first of its kind in the region, Rain is licensed by the Central Bank of Bahrain as well as Abu Dhabi Global Market’s FSRA.
Premium services
We designed our trading tools with your needs in mind, with over 45 coins readily available for you to trade, as well as our custody services, and more.
Rain Pro
For your advanced trading needs, we built Rain Pro, our advanced trading platform where you can access our Order Book, and features like detailed charts, limit orders and market summary.
On/off Ramp
Fiat on/off ramp services and tools for regional currencies to maximize trading experiences.
Robust security
Rain applies best-practice security systems and bank-grade security measures including an offline Cold Storage system, and rigorous compliance protocols and audits.
Dedicated VIP services
VIP customers enjoy a set of exclusive benefits designed to enhance their trading experience and convenience.
OTC services
For large-scale transactions, our OTC services guarantee rates and pricing with enhanced privacy.
24/7 support
Customer support in Arabic, English and Turkish. Available through chat, email, and WhatsApp 24/7.
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