Rain Financial, a cryptocurrency exchange regulated by Abu Dhabi Global Market and the Central Bank of Bahrain, has acquired a Saudi-based financial media company, Digital Ma’arefa.
The transaction supports Rain’s strategy to expand cryptocurrency adoption across the Middle East and North Africa through greater financial awareness. However, the financial terms of the deal were not disclosed.
Following the acquisition, Digital Ma’arefa’s co-founders, Abdullah Mashat, Wael AlMutlaq, and Abdullah Fageih, will join Rain. Additionally, Mashat will take on the role of Managing Director. Ma’arefa’s media team will also integrate into Rain’s operations.
Rain has recorded more than $11 billion in trading volume since its inception. Moreover, it became the first cryptocurrency firm to secure a licence from the Central Bank of Bahrain.
Expanding Content and Market Outreach
Digital Ma’arefa operates several specialised newsletters covering general financial news, travel and hospitality, crypto and AI. It also produces an investing-focused podcast. As a result, the platform strengthens Rain’s ability to engage audiences through targeted financial content across the region.
