Crypto
Stablecoin payments startup Kast raises $80 million
Stablecoin payments startup Kast raised $80 million at a $600 million valuation, Cointelegraph reported, citing Bloomberg, on March 9. The round was co-led by QED Investors and Left Lane Capital. Kast expects annualised revenue of $100 million in 2025. The company plans to use the funding to expand into North America, Latin America, and the Middle East, hire staff, secure licences and develop new products.