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Rainbow Wallet launches token sale in February 2026, FDV of $100 million issued at half the price of the previous funding round
【ChainNews】Rainbow Wallet officially announces its token issuance plan. According to the latest news, the token RNBW of this wallet project will undergo TGE (Token Generation Event) on February 5, 2026.
This public sale is mainly targeted at US users and will be conducted through the CoinList platform. It seems that the team is very concerned about compliance. The token issuance scale is set at 3% of the total supply, with an implied valuation reaching $100 million. Interestingly, this price is directly half of the valuation from the previous funding round.
What does a 50% discount issuance mean? On one hand, it indicates that the project team wants to accelerate the launch of public liquidity; on the other hand, it also leaves a lot of imagination space for early participants. The project still has over a year before the TGE after fundraising, and what will happen during this period, as well as how the market’s attitude towards such wallet projects will change, remains a mystery.