Analysis
Range raised $8.3 million from TX Ventures and SixThirty to build treasury, risk, and compliance software that operates across stablecoins and traditional fiat rails. The product helps companies manage cash, monitor risk, and meet compliance obligations as they increasingly hold and move value in stablecoins alongside conventional currency.
The round captures a real shift. With stablecoins gaining regulatory clarity and corporate adoption, finance teams now face the operational challenge of managing money that lives partly on-chain and partly in the banking system -- with all the reconciliation, risk, and compliance complexity that hybrid creates.
For fintech investors, Range is an early bet on the picks-and-shovels of stablecoin adoption: not the coins themselves, but the unglamorous tooling corporates will need to run treasury operations across two financial systems at once.