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Stablecoin payment company KAST has raised $80 million in funding, valuing the company at approximately $600 million
09/03/2026 05:50
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Svmuu News: Stablecoin payment company KAST has raised $80 million in funding, co-led by QED Investors and Left Lane Capital. The funds will be used for expansion in North America, Latin America, and the Middle East, as well as for hiring, licensing applications, and product development. The company’s post-money valuation stands at approximately $600 million. Sources familiar with the matter said the terms of the funding round were finalized in October, and the company’s annualized revenue is expected to rise to $100 million this year. (Bloomberg)
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