Range, a fintech startup focused on stablecoin and fiat asset management, has successfully closed an $8.3 million Series A funding round. The investment was led by TX Ventures and SixThirty, both established traditional fintech venture capital firms. This round underscores a growing convergence between digital and traditional finance, as institutional investors increasingly view stablecoin infrastructure as a mainstream financial technology vertical.
The funds will be used to build a unified platform that integrates treasury management, risk monitoring, and regulatory compliance for businesses handling both stablecoins and fiat currencies. Range aims to solve a critical pain point for companies that manage stablecoin reserves alongside traditional assets but currently rely on fragmented tools. With more businesses adopting stablecoins for payments, remittances, and cross-border transactions, the platform promises to reduce operational complexity and regulatory risk—key barriers to broader stablecoin adoption.
The backing from TX Ventures and SixThirty, rather than crypto-native investors, signals that stablecoin infrastructure is increasingly accepted as a core fintech segment. Range’s total funding now reflects growing investor confidence in its approach to bridging digital and traditional finance. The announcement comes at a time when the stablecoin market, though currently static in trading volumes, is poised for expansion as regulatory frameworks evolve and corporate demand for digital dollar infrastructure rises.
