Range Completes $8.3M Series A for Stablecoin Compliance Platform

According to The Block, stablecoin compliance startup Range has completed an oversubscribed $8.3 million Series A funding round on June 18, bringing cumulative funding to $11 million. Investors include traditional fintech fund TX Ventures, SixThirty, and crypto venture capital firms Maven 11 Capital and Onigiri Capital.

Range operates a unified platform for institutions using both stablecoins and fiat currencies. Its core offerings include Unify, a real-time ledger system integrating bank accounts, custodians, wallets, and exchanges that currently protects over $30 billion in client assets and onboards more than 10,000 institutions, and Protect, a pre-transaction control layer screening for sanctions, fraud, compliance, and internal control violations. Range reports tracking approximately 99.41% of stablecoin payments with monthly payment volumes in the billions of dollars.