[Stablecoin Payment Company KAST Completes $80 Million Financing, Valued at Approximately $600 Million] According to Bloomberg, stablecoin payment company KAST has completed $80 million in financing, co-led by QED Investors and Left Lane Capital. The funds will be used for expansion in North America, Latin America, and the Middle East, as well as for recruitment, license applications, and product development. The new round values the company at approximately $600 million. Sources familiar with the matter stated that the terms of this financing round were finalized in October, and the company’s annualized revenue is expected to reach $100 million this year.