However, to further accelerate the adoption of stablecoins, the industry has to clear one more hurdle. Recent exploits and hacks of the blockchain infrastructure forced certain institutions to take a more passive approach, and act with more hesitation. Combined, the regulatory clarity providing a rule set for compliance and with the concerns of blockchain-related exploits, these two forces lead to an overlying solution: an infrastructure layer that makes moving stablecoins safe, compliant, and legible. This is the exact infrastructure layer that Range is building - one that bridges stablecoins and fiat rails, giving companies the visibility, compliance, and control to operate across both.

At its core, Range is a platform that connects every wallet, custodian, and bank account into a single real-time ledger across stablecoin and fiat rails. . It begins by establishing a data pipeline, providing a normalized, cross-rail view of all on-chain and off-chain activity. This foundation powers an intelligence layer that delivers real-time risk scoring for wallets, tokens, and contracts, which also is the basis for the compliance layer that screens every transaction before it moves, ensuring safety and compliance with regulatory standards.

If GENIUS and MiCA were the regulatory catalysts for the explosive growth of stablecoins, then the CLARITY Act presents a key unlock for the wider industry, and at a significantly larger scale. As market-structure clarity arrives, we speculate that tokenized assets will see acceleration in growth, similarly as stablecoins have. This should mean tokenized treasuries, funds, equities, RWAs should come on-chain at an increased throughput. Just like the stablecoins need data transparency, monitoring, and compliance rails, so will the new tokenized assets.

This is why we are proud to invest into Range, not only for their well thought-out technology and team, but also for the alignment with the regulatory progress. Range has not only been the beneficiary of stablecoin progress, but it is positioned to benefit once again from the progress of all current and upcoming tokenized value flow.

Products like Range's will become highly relevant within the crypto industry with stablecoins and tokenization adoption increases rapidly. The expertise to build such products comes natively from the Web3, rather from traditional incumbents that will start adopting stablecoins and tokenization.

Range itself has been heavily validated by the market. So far, $30 billion in AUM is being protected by Range, and billions of dollars in payment volume is processed each month. More than 10,000+ banks, custodians, and wallets have been integrated with customers including Squads, Binance, Stellar, Solana, and some of the largest banks in the world adopting stablecoins.

Maven 11's conviction is that digital assets will become a part of the financial system. The financial system will not adopt digital assets without a trusted layer, such as Range's. As Range becomes more integrated, the intelligence and value it delivers to finance and treasury teams will only increase. Its Unify services bring every treasury account into a single real-time view across rails; its Protect services screen every transaction before funds move; and its Faraday services optimise cross-chain routing of stablecoin assets through a single API. As one of the leaders in the space, Range is poised to become irreplaceable infrastructure for companies operating across stablecoins and fiat.

We are proud to back Range, and we congratulate them on this round. Reach out if you think a product such as Range's would be of use to you!