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Stablecoin payment company KAST completes $80 million funding, valuing at $600 million
Mars Finance reports that stablecoin payment company KAST has completed its latest funding round, raising $80 million. The round values the company at $600 million. According to insiders, KAST’s annual revenue run rate is expected to reach $100 million this year. This funding further confirms the trend of venture capital firms continuing to increase investments in the digital dollar account sector, with related startups attracting significant capital inflows.