Rainbow

Description

Rainbow was founded in 2019 and quickly became known as one of the most popular non-custodial EVM wallet with a focus on UX and being the easiest way to onboard new users into crypto. Rainbow's code base has been open source since day one. Over time, Rainbow has become onchain Robinhood: one mobile app for all your money — crypto, stocks, perps, predictions. Each of these actions earns you $RNBW. We believe that the proliferation of stablecoins has just begun and all of finance is migrating onchain. The products and companies we are actually competing with are closer to banks, TradFi institutions, and fintech companies like Robinhood or CashApp, not really other crypto wallets. We are crypto native and believe that we can build the onchain versions of these existing businesses before they themselves can move onchain. Rainbow has millions of downloads, hundreds of thousands of active users across the world, and has generated millions of dollars of revenue of revenue. Metrics and investor relations are available at investors.rainbow.me