Rain and M0 Raise $100M to Accelerate Programmable Money
Swiss startup M0 and US-based Rain have jointly raised $100M in Series B funding to advance programmable money solutions and stablecoin infrastructure. M0 closed $40M led by Polychain Capital and Ribbit Capital, enabling developers to issue app-specific stablecoins with embedded rules, preset liquidity and seamless DeFi integration via MetaMask. Rain secured $58M led by Sapphire Ventures to equip banks with regulated digital dollar issuance, built-in payroll tools and cross-border controls. Its platform supports salary payments in over 100 countries and will integrate programmable cards and wallets on Solana (SOL), Tron (TRX) and Stellar (XLM). This Series B funding underscores rising investor confidence in programmable money and rule-based digital currency systems, pointing to wider adoption across financial services and blockchain networks.
Bullish
This $100M Series B round for M0 and Rain strengthens programmable money and stablecoin infrastructure, which is likely to boost on-chain activity and stablecoin usage in the short term. Banks adopting regulated digital dollar issuance and developers launching custom stablecoins will drive transaction volumes across Solana, Tron and Stellar. In the long term, widespread integration of rule-based digital currencies by financial institutions can enhance market liquidity and foster growth in DeFi products. Overall, the funding signals growing investor confidence and suggests sustained demand for programmable money solutions, marking a bullish outlook for stablecoin markets and related blockchain platforms.