Rainbow adds 24/7 Shein share trading
Rainbow, the Ethereum wallet, now lets users trade Shein shares 24/7 in-app. The fast-fashion giant's tokenized stock is available through Rainbow's built-in trading feature, joining other tokenized equities. The move gives retail crypto users access to Shein ahead of its widely anticipated IPO.
$RNBW token launch and airdrop
The RNBW token officially launched (Token Generation Event) on Base with a 1 billion total supply and ~214.5 million tokens in circulation, with Rainbow Points converted into airdropped tokens; Coinbase had confirmed a day-one listing the day before.
RNBW public token sale on CoinList completed
Rainbow completed a public sale on CoinList selling 30 million RNBW tokens at $0.10 apiece at a $100 million FDV (sale ran December 11–18).
Clanker rejected Rainbow's acquisition offer
Clanker founder Jack Dishman publicly declined Rainbow's acquisition proposal, calling it a hostile takeover and saying discussions had ended, sparking a public dispute.
RNBW token announced; Clanker acquisition offer made
Rainbow announced its RNBW token would launch in Q4 2025 by converting Rainbow Points, and published an open letter offering 4% of RNBW supply to acquire the Base token-launchpad Clanker as part of building 'onchain Robinhood'.
Rainbow Points loyalty program introduced
Rainbow launched its Rainbow Points program rewarding users for on-chain activity and holdings, with boosted points for users switching from MetaMask, which later became the basis for the RNBW airdrop.
$18M Series A led by Seven Seven Six
Rainbow announced an $18 million Series A round led by Alexis Ohanian's VC firm Seven Seven Six (the round had closed the prior October), following a $1.5 million seed round.
Rainbow company launched and Ethereum mobile wallet announced
Rainbow was announced as a new company from the former core team at Balance (Christian Baroni, Jin Chung, Mike Demarais), launching an open-source iOS wallet designed to make Ethereum fun and accessible, with 1.0 to follow a beta.