PANews, June 18 – According to The Block, stablecoin compliance startup Range has closed an oversubscribed $8.3 million Series A funding round, bringing its total funding to $11 million. The round saw participation from traditional fintech funds TX Ventures and SixThirty, as well as crypto VCs Maven 11 Capital and Onigiri Capital. Range provides a unified platform for institutions using both stablecoins and fiat currencies. Its core products include: first, Unify, which integrates bank accounts, custodians, wallets, and exchanges into a real-time general ledger system, currently safeguarding over $30 billion in client assets and connected to more than 10,000 institutions; and second, Protect, a pre-transaction control layer that screens on-chain transactions for sanctions, fraud, compliance, and internal control rules. Range states it tracks approximately 99.41% of stablecoin payments and tens of billions of dollars in monthly payment volume. The funding will be used to expand product, engineering, and business teams, as well as to connect to more networks and integrations.