RAIN ANNOUNCES FOUNDING PARTNERSHIP WITH BAHRAIN FINTECH BAY TO UNLOCK REGIONAL AND GLOBAL OPPORTUNITIES

RAIN ANNOUNCES FOUNDING PARTNERSHIP WITH BAHRAIN FINTECH BAY TO UNLOCK REGIONAL AND GLOBAL OPPORTUNITIES

One of MENA’s leading fintech hubs, , and , the first licensed crypto-asset service provider in the Middle East by the , have announced their partnership to continue to drive success in the crypto sector and be at the forefront of reshaping the future of finance in the region. In line with Rain’s commitment to bring forward a trusted platform to all current and future customers in the cryptocurrency space, Bahrain FinTech Bay and Rain will launch a series of initiatives, including a live crypto event that will kickstart this August, followed by educational workshops. The lineup of events will be accessible to everyone interested in the blockchain and cryptocurrency space. Furthermore, the partnership will reinforce Rain’s outreach to crypto newcomers and enthusiasts in the Kingdom. Rain started its journey in Bahrain and began working closely with the Central Bank of Bahrain, as well as other forward-thinking institutions, such as the and Bahrain FinTech Bay. In September of 2017, the company was invited to join the Central Bank of Bahrain’s regulatory sandbox as the very first crypto-asset platform to be admitted to the sandbox; a historic moment for the industry and for Rain, becoming the very first licensed crypto company