Range, a platform that helps companies manage operations across stablecoins and traditional banking systems, has raised an oversubscribed $8.3 million Series A funding round. The raise brings the company's total funding to $11 million and attracted support from both traditional fintech investors and crypto-native funds.
The round included participation from Swiss fintech investor TX Ventures, U.S.-based SixThirty Ventures, Maven 11 Capital, and Onigiri Capital. The funding comes at a time when stablecoins continue expanding their role in global finance. Solana alone currently hosts more than $16.6 billion in stablecoin supply, according to Blockworks data, highlighting the growing scale of onchain financial activity.
Stablecoins and Traditional Finance Continue to Merge
For many businesses, adopting stablecoins creates operational challenges that traditional financial systems were not designed to address. Companies often manage assets across bank accounts, digital wallets, custodians, and exchanges simultaneously.
Unlike traditional banking transactions, stablecoin transfers typically settle within seconds and cannot be reversed after execution. As a result, finance teams require tools that provide visibility and risk controls before funds move rather than after transactions occur.
Range aims to address this challenge through two core products. The first, called UNIFY, serves as a system of record, consolidating digital assets and traditional bank balances into a single real-time ledger. The second, PROTECT, acts as a control layer that screens transactions for risk, compliance issues, and policy violations before execution. Together, these systems allow companies to monitor balances, evaluate risks, and maintain compliance across both traditional and blockchain-based financial networks.
Building Controls for an Onchain Economy
According to Range, many existing financial control systems were designed exclusively for fiat-based operations. As organizations increasingly adopt stablecoins, they need infrastructure capable of monitoring blockchain activity while integrating with existing accounting and compliance tools.
The platform connects bank accounts, custodians, exchanges, and wallets into a unified framework. It also supports pre-execution controls for sanctions screening, fraud detection, and operational risk management. Rather than replacing existing accounting systems, Range feeds enriched blockchain data into tools that finance teams already use.
The company reports that its platform currently protects more than $30 billion in customer assets under management. Range also maintains more than 10,000 integrations with banks, custodians, and wallets. Its infrastructure monitors over 200 blockchain networks and more than 100 stablecoins, and tracks 99.41% of stablecoin payment activity worldwide. The platform screens tens of billions of dollars in monthly payment volume. Current users include Circle, the Solana Foundation, Stellar, Squads, and Jupiter.
"Stablecoins and fiat are converging, and finance teams need one platform to run both safely and at scale. The hard part was never moving stablecoins. It was keeping control of them: knowing every balance in real time, screening transactions before they move, and staying audit-ready across both rails. This round lets us invest deeper in Unify and Protect, grow our engineering and go-to-market teams, and extend coverage across more networks and integrations. The mix of fintech and crypto investors in this round reflects where the market is heading." - Andres Monteoliva, co-founder and CEO of Range
Solana's Stablecoin Ecosystem Continues Expanding
The fundraising announcement arrives as stablecoin usage grows across the Solana ecosystem. Recent developments demonstrate how stablecoins are moving beyond crypto-native applications and into broader commercial use cases. The World Series of Poker recently partnered with the Solana Foundation, allowing players to purchase tournament entries using $SOL and receive stablecoin payouts at select events.
Meanwhile, Amazon Web Services now supports stablecoin payments on Solana through x402, enabling CloudFront publishers to monetize AI traffic with $USDC-based micropayments.
Against the backdrop of recent geopolitical instability, infrastructure providers such as Range stand to benefit from increasing stablecoin adoption, rising transaction volumes, and growing demand for compliance tools that bridge traditional finance and blockchain-based systems.
Read More on SolanaFloor
Hylo Bets On Leveraged Equities As Solana’s Next Breakout Market With V2 Launch
New $ZINC Proposal Promises Buyout and Airdrop to Early Supporters
WSOP Players Can Now Win Prizes In SOL?
