Rainbow launches plan to Token Issuance called RNBW

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Rainbow plans to Token Issuance called RNBW. Photo: Bankless

Rainbow prepares to launch Token

- The crypto wallet market is entering a period of unprecedented fierce competition. In just the past week, a series of big names have revealed plans to Token Issuance. The latest name to join this race is Rainbow with a Token called RNBW .

- According to the announcement on X, the RNBW Token is expected to be launched before the end of 2025. Along with many heavy upgrades for the wallet application such as:

  • Real-time price updates;

  • Show instant balance;

  • Improved price chart;

  • Integrated Derivative trading via Hyperliquid.

- Rainbow team reminds users: “You have accumulated Points for a reason. This is only phase 3, there is a long way to go with DeFi positions and support for more blockchains.”

You've been collecting Points for a reason.
That reason is called $RNBW . Coming Q4 2025. pic.twitter.com/37EObfuwnS

— Rainbow (@rainbowdotme) September 22, 2025

- The key point that many people are interested in is that Points reward points will be converted directly to RNBW Token . The source said that about 20% of the total supply of RNBW will be in circulation at the time of issuance (TGE).

- Rainbow also left open the possibility of Airdrop RNBW , but has not announced specific criteria, making the community eagerly wait.

- Initially launched as an EVM-compatible wallet with a friendly interface, Rainbow started the Points program in late 2023 to attract users - especially "attracting customers" from MetaMask, the wallet application with overwhelming downloads. RNBW is therefore a strategic move, both rewarding the community and creating competitive leverage in the self-custody wallet race.

- Financially, Rainbow is backed by $18 million raised in a Series A round in 2022, led by Reddit co-founder Alexis Ohanian's Seven Seven Six fund. This is an important platform for Rainbow to expand its products and build an ecosystem around RNBW.

The race between the "giants" of the wallet village

- Not only Rainbow, the big names in the industry are also accelerating:

  • MetaMask : ConsenSys CEO and Ethereum co-founder JOE Lubin has confirmed that the MASK Token is “coming sooner than you think.” MASK is expected to have governance rights, allowing users to vote on features and product direction. MetaMask also recently launched mUSD (MetaMask USD) , a stablecoin in the Linea ecosystem that was Airdrop, expanding the future use cases for the MASK Token .

  • Coinbase : is also XEM launching its own Token for Base, which could be deeply integrated into the newly refreshed and improved Base App .

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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