The round was led by Swiss-based fintech investor TX Ventures and joined by US fintech fund SixThirty, along with crypto-native firms Maven 11 Capital and Onigiri Capital. The raise brings Range's total funding to $11 million, including its earlier seed round. Clients already on the platform include Circle, the Solana Foundation, Stellar, Squads, and Jupiter.

Range's platform operates in two layers. The first, called UNIFY, aggregates balances from banks, custodians, wallets, and exchanges into a single real-time ledger. The second, called PROTECT, screens transactions before they are executed, flagging potential regulatory violations or internal policy breaches before funds move rather than after. The company reports more than 10,000 integrations with banks, custodians, and wallets, coverage across more than 200 blockchain networks, tracking of over 100 stablecoins, and capture of 99.41% of all stablecoin payments tracked.

Total assets under protection sit above $30 billion, with tens of billions of dollars screened each month.

CEO and co-founder Andres Monteoliva framed the product around a basic operational reality facing finance teams. "Stablecoins and fiat are converging, and finance teams need one platform to run both safely and at scale," he said in the announcement. On what makes the problem hard, he was direct: "The hard part was never moving stablecoins. It was keeping control."

The timing of the raise is tied directly to a tightening regulatory environment. In the United States, the GENIUS Act, signed in July 2025, was the first comprehensive US federal law covering payment stablecoins. It classifies stablecoin issuers as financial institutions under the Bank Secrecy Act, requiring full anti-money laundering and know-your-customer compliance, one-to-one liquid reserve backing, instant redemption rights, and monthly reserve disclosures. The Treasury Department is targeting final implementation rules for July 2026. In the European Union, the Markets in Crypto-Assets Regulation (MiCA) reached full enforcement this year, with a July 1, 2026 deadline for stablecoin issuers to obtain authorization or face delisting. Regulators in the UK, Singapore, Hong Kong, the UAE, and Japan have adopted broadly similar requirements around reserves, licensing, audits, instant redemption rights, and full AML/KYC compliance.

The urgency is reinforced by illicit finance data. A March 2026 report from the Financial Action Task Force found that stablecoins now account for 84% of all illicit virtual asset transaction volume. Separately, Chainalysis recorded more than $154 billion in total illicit virtual asset activity across all asset classes in 2025. These figures measure different dimensions of the same problem: the first captures what share of illicit transactions flows through stablecoins, while the second captures the overall scale of illicit activity across the broader virtual asset market. Together they document the regulatory risk that pre-execution screening tools, the category Range occupies, are designed to address directly.

The investor composition is itself worth noting. Traditional fintech capital has historically been slow to enter crypto infrastructure deals. The presence of TX Ventures and SixThirty alongside crypto-native funds reflects growing institutional recognition that stablecoin payment rails are now production-grade infrastructure, not experimental technology. For companies in emerging markets, this has practical consequences: operators must simultaneously satisfy the trust requirements of legacy correspondent banking networks and serve unbanked or underbanked populations via stablecoin rails, a gap that has historically been difficult to bridge with a single compliance posture.

For operators in Africa and South Asia, the implications are concrete. Sub-Saharan Africa processed more than $205 billion in on-chain value between July 2024 and June 2025, a 52% year-over-year increase. Africa also holds the world's highest stablecoin ownership rate among crypto-active users at 79%, according to BVNK's 2026 Stablecoin Utility Report. Nigeria alone accounts for 60% of Sub-Saharan Africa's stablecoin inflows since 2019. A June 2026 IMF assessment on Nigeria flagged that this concentration raises monetary sovereignty concerns alongside the cross-border payment benefits, and that platform anonymity amplifies financial integrity risks at that scale.

Traditional remittance corridors into the region charge roughly 8.78% per transaction, while stablecoin transfers run between 0.5% and 1%. That cost differential drives adoption but also draws regulatory scrutiny that fintechs will need to address proactively.

In South Asia, where India remains the world's largest remittance recipient, regulatory clarity remains uneven. India's 30% crypto gains tax and 1% transaction levy create friction without an outright ban. Pakistan and Bangladesh, identified as among the highest-friction emerging market corridors for remittance flows, face similar tensions: both have historically restricted crypto use while contending with significant diaspora remittance pressure. Legal analysts including Gibson Dunn note that the GENIUS Act's extraterritorial reach means any platform transacting with US-regulated stablecoin issuers, including USDC and PayPal's PYUSD, must meet Bank Secrecy Act-equivalent AML standards regardless of where it is based.

Range's existing relationships with Circle and Stellar, both of which have documented roles in emerging market payment corridors, mean its tooling is already embedded in infrastructure that African and South Asian fintechs rely on.

With Treasury's final GENIUS Act rules due next month and MiCA enforcement already active, the window for fintechs to build or buy compliance infrastructure is narrowing. In this environment, the compliance layer may prove to be where durable enterprise value in the stablecoin sector ultimately concentrates.