Rain's Uptop Acquisition Finalizes Comprehensive Stablecoin Rewards Ecosystem
- Rain acquires Uptop to integrate on-chain rewards into its stablecoin-powered payments ecosystem, expanding into retail, entertainment , and dining. - The move follows a $58M Series B funding round and leverages Uptop's proven 21% spend increase and 51% sales boost for sports teams. - Built on Avalanche's low-latency architecture, the platform enables instant, compliant rewards while maintaining simplicity for global enterprise scaling. - Rain CEO emphasizes end-to-end stablecoin infrastructure, position
Rain Acquires Uptop to Integrate On-Chain Rewards with Wallet and Card Services
Rain, a prominent provider of stablecoin-based payment infrastructure, has
Uptop, which has powered loyalty programs for sports franchises such as the Cleveland Cavaliers and Detroit Pistons, as well as the Empire State Building's Ambassador Program, will now
Uptop’s on-chain system, which operates on the
This acquisition strengthens Rain’s position in a market where integrated loyalty offerings are increasingly in demand. With Uptop continuing as a standalone brand within Rain, the combined group aims to provide "instant, compliant, and scalable" rewards solutions for businesses, leveraging Rain’s
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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