Range Completes $8.3 Million Series A Funding, Raises Total to $11 Million

According to BlockBeats, stablecoin and fiat infrastructure platform Range closed a Series A round of $8.3 million on June 18, bringing total funding to $11 million. The round was oversubscribed and backed by traditional fintech funds TX Ventures and SixThirty, alongside crypto-native investors Maven 11 Capital and Onigiri Capital.

Range's platform currently protects over $30 billion in customer assets and maintains integrations with more than 10,000 banks, custodians and wallets. The company processes payments monitored across 200-plus networks and 100-plus stablecoin types, tracking 99.41% of stablecoin transactions monthly.