Rain is a regulated cryptocurrency exchange and custodian that became the first licensed crypto-asset service provider in the Middle East after receiving a Central Bank of Bahrain license. Rain's Twitter Score is 29 out of 1000 as of September 2026, ranking #33,656 (top 10%) among 486,860 tracked accounts.
Rain was co-founded by Joseph Dallago, Adam Jon Nelson, Yehia Badawy, and Abdullah Almoaiqel, with the platform built from the outset to operate within a regulated framework. The exchange is backed by Paradigm, Kleiner Perkins, Coinbase, BitMEX Ventures, and Middle East Venture Partners. In January 2022, Rain closed a $110 million Series B round led by Paradigm and Kleiner Perkins, and later that year introduced a zero percent trading fee structure for investors across the Middle East and North Africa region.
Rain also faced significant challenges during that period, cutting jobs amid the broader cryptocurrency market downturn in 2022. In April 2024, the platform suffered a security breach that resulted in the loss of $16 million in cryptocurrency, with reporting attributing the attack to North Korea's Lazarus Group. Rain has published 19,721 posts on the platform and has been mentioned by 48 accounts, with 141 total mentions.
Who follows Rain on X?
The accounts that follow Rain include 109 founders, 26 angel investors, 56 influencers and 6 VCs. Among them are Solana, Nic Carter, Andrew Kang, H.E. Justin Sun, Paradigm and Matthew Graham.