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KAST Secures $80 Million Funding Led by QED Investors and Left Lane Capital

KAST Secures $80 Million Funding Led by QED Investors and Left Lane Capital

KAST raises $80 million in Series A funding at a $600 million valuation, aiming to expand stablecoin payment solutions, connect digital dollars to local systems, and grow its global user base and compliance efforts.

Fact Check
The funding round is documented by Bloomberg (March 9, 2026), which specifies the $80 million amount, the $600 million valuation, and the lead investors (QED Investors and Left Lane Capital). The expansion plans and revenue growth details are also consistent with the primary reporting.
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Summary

KAST, a stablecoin-powered cross-border payments platform, raised $80 million in Series A funding led by QED Investors and Left Lane Capital, valuing the company at $600 million. The company plans to use the funds to expand its product offerings, licensing, compliance, and team. KAST has reached over 1 million users and processes about $5 billion in annualized transaction volume, targeting growth in North America, Latin America, and the Middle East through KAST Business for cross-border payouts and payroll.

Terms & Concepts
  • Stablecoin: A cryptocurrency pegged to a stable asset like the U.S. dollar, used for payments and cross-border transactions.