KAST Secures $80 Million in Funding, Valued at $600 Million

Stablecoin payments company KAST has successfully raised $80 million in a recent funding round, bringing its valuation to approximately $600 million. According to NS3.AI, the funding round was co-led by QED Investors and Left Lane Capital. KAST anticipates its annual revenue run rate to hit $100 million this year.