Bahrain’s Rain closes $2.5 million seed round, becomes first licensed cryptocurrency exchange in the Middle East

Rain, a Bahrain-based cryptocurrency exchange has closed its $2.5 million seed round, it announced in a statement to MENAbytes. The round was co-led by BitMEX Ventures, the investment arm of the BitMEX, which is a cryptocurrency derivatives trading platform and Kuwait-based cryptocurrency fund, Blockwater. Some other regional investors including Vision…