Stablecoin payment company KAST completes $80 million funding round, valued at approximately $600 million

2026-03-09 12:27:19

Odaily Planet Daily reports that stablecoin payment company KAST has completed $80 million in funding, led jointly 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 new funding round values the company at approximately $600 million. Sources say the terms of this funding round were finalized in October, and the company’s annualized revenue is expected to reach $100 million this year. (Bloomberg)

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