NYC-based Rain, which issues credit cards that let customers settle payments in stablecoins, raised $24.5M led by Norwest, taking its total funding to $30.5M (Catherine McGrath/Fortune)

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— Former cryptocurrency firm FTX will start paying its main creditors at the end of May using a cash hoard of $11.4 billion the company has collected since its shut down.

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NYC-based Rain, which issues credit cards that let customers settle payments in stablecoins, raised $24.5M led by Norwest, taking its total funding to $30.5M (Catherine McGrath/Fortune)

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