Stablecoin compliance startup Range raises $8.3 million from fintech and crypto VCs
The Block·
60-second summary
Range, a stablecoin compliance startup, raises $8.3 million from fintech and crypto VCs, marking significant investment in the space. The startup aims to bridge the gap between stablecoins and fiat currencies, enabling finance teams to manage both safely and at scale. This development highlights growing demand for stablecoin solutions in the crypto market.
"Stablecoins and fiat are converging, and finance teams need one platform to run both safely and at scale," Range CEO Andres Monteoliva said.