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Stablecoin payment company KAST completes $80 million funding, valuing at $600 million
Deep Tide TechFlow News, March 9 — According to Bloomberg, stablecoin payment company KAST has completed its latest funding round, raising $80 million. This round values the company at $600 million.
Sources familiar with the matter say KAST is expected to reach an annual revenue run rate of $100 million this year. This funding round further confirms the trend of venture capital firms continuing to pour into the digital dollar account sector, with related startups attracting significant capital inflows.