Ethereum mobile wallet company Rainbow today announced a $18 million Series A fundraising round led by Reddit co-founder Alexis Ohanian’s venture capital firm Seven Seven Six.
Rainbow is a mobile wallet that lets users exchange crypto tokens, engage with decentralized apps, and buy and display NFT collectibles.
“Many crypto users, myself included, regard Rainbow as the best designed wallet. User experience matters so much. Rainbow’s design choices are the reason they’ve already built a cult following and continue to educate and onboard scores of new users to Web3.” – Alexis Ohanian
