Rain Valuation Soars to $1.95B as DeepSnitch AI Emerges as Retail Alternative
Rain, a Visa-linked stablecoin infrastructure provider, has secured $250 million in Series C funding at a $1.95 billion valuation. The round was led by Iconiq Capital with participation from Galaxy Digital and Lightspeed Venture Partners. The company reported a 30x growth in active cards and 38x surge in payment volume during 2025, signaling accelerating institutional adoption of stablecoin rails.
Meanwhile, retail investors are flocking to DeepSnitch AI's $1.1 million presale, drawn by parallels to Rain's infrastructure play at fractional entry points. The AI project's January launch could mirror Rain's early growth trajectory, when the payment processor was still accessible to small-scale participants.