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While in hiding, Randall met young orphan Wendell Rand and adopted him as his ward, training him in martial arts while filling his head with stories of K’un-Lun and the Iron Fist, causing Wendell to seek the city out himself once he came of age. Sometime after the 1960s Randall was believed to have died, leaving behind a vast fortune to Wendell, making him incredibly wealthy. While the next Tournament of Heaven neared, the Steel Serpent and his allies arrived to kill him, causing Randall to flee to New York to seek out his successor and Wendell’s son Danny, giving him the Book of the Iron Fist and informing him of the upcoming Tournament and their histories. In truth, Randall was living in drug-soaked seclusion in Thailand for decades.
Alyssa Wong, writer of the new series, explained that it was “impossible to be unaware of the controversy”, which she took into consideration when writing the series. While noting that there had been Iron Fists of Asian descent before, Wong pointed out that all of them were supporting characters in Rand’s story or long dead, arguing that the new Iron Fist was an important step forward for the title and the ongoing push for diversity. Wong also acknowledged Rand’s sizeable fanbase despite criticisms, reassuring that he would play an important role for the new Iron Fist and that the new series would not “erase” Rand’s history and legacy but instead build upon it.
Rand and Fat Cobra manage to defeat Quan. Rand’s actions during their battles impress Quan, who decides that Rand may be living proof that K’un-Lun is not the corrupt city it once was. Rand and Davos agree to guide Quan to K’un-Lun and arrange a meeting between him and Lei-Kung to give Quan a forum for his grievances. In the ensuing battle, Rand International is destroyed, but Rand and Misty escape unharmed. However, when Rand returns to New York, he finds a HYDRA cell waiting for him at Rand International, seeking retribution for the death of Xao, and holding Misty hostage.
Guessing that the heart provides life energy to Shou-Lao through the dragon-shaped scar on its chest, Danny covers the scar with his own body and hangs on until Shou-Lao collapses and dies, in the process burning a dragon brand into his own chest. When K’un-L’un reappears on Earth after 10 years, Danny leaves to find his father’s killer. It is later revealed that Danny is part of a long lineage of Iron Fists. Having killed Shou-Lao, he enters its cave and plunges his fists into a brazier containing the creature’s molten heart, emerging with the power of the Iron Fist.
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