Stablecoin payment company KAST completes $80 million financing, led by QED Investors and Left Lane Capital

By: rootdata|2026/03/09 18:43:30

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According to Bloomberg, stablecoin payment company KAST has completed its latest round of financing, raising $80 million, which values the company at $600 million. The round was co-led by QED Investors and Left Lane Capital, and 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.

According to insiders, KAST expects its annual revenue run rate to rise to $100 million this year. This financing further confirms the trend of venture capital firms continuing to invest heavily in the digital dollar account space, with related startups attracting significant capital inflows.

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