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Woofun AI reports that stablecoin compliance infrastructure provider Range has finalized an $8.3 million Series A financing round. The investment was co-led by TX Ventures, with additional participation from SixThirty, Maven 11 Capital, and Onigiri Capital. This latest injection brings the project's cumulative funding to $11 million, reinforcing its position in the regulatory technology sector.
Range operates a unified platform designed for entities managing both stablecoins and fiat currencies. Its core offerings include Unify, a real-time ledger system, and Protect, an on-chain transaction screening tool. The company serves prominent industry players such as Circle, Solana Foundation, Stellar, Squads, and Jupiter. Proceeds from this round will be allocated to expanding the Unify and Protect product suites, scaling engineering and business development teams, and broadening network integrations.