The Rainbow Foundation announced plans to become the largest shareholder of Rainbow Company, acquiring 20% equity during its upcoming Token Generation Event (TGE). This strategic move includes the creation of a 'Foundation Class' of shares, enabling $RNBW token holders to share in the company's growth and receive a portion of net assets in case of an acquisition. The $RNBW token will be integrated into Rainbow's products as a native token for rewards and ownership. The foundation will provide an update on the TGE timeline early next week, a crucial detail for investors.