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· ·defi-exploit·infrastructure·regulatory

KAST Secures $80M, Hits 1M Users as Stablecoin-Native Neobank Nominated for Top Awards

KAST, a stablecoin-native neobank, has been nominated for Best Digital Assets Neobank and Best Digital Assets Fintech at the BeInCrypto Institutional 100 Awards 2026. The company recently raised $80 million in Series A funding in March 2026, co-led by QED Investors and Left Lane Capital, with participation from Peak XV Partners, HSG, and DST Global Partners. KAST has crossed 1 million users and reached about $5 billion in annualized transaction volume. The platform serves users across 170+ countries, integrates Fedwire and SWIFT for cross-border settlements, and offers cards accepted at 150 million merchants. KAST's core architecture is built around stablecoins from day one, enabling USD accounts, global payouts, card spending, and yield products through a single app. Its yield products include KAST Earn with Gauntlet Alpha Vault and USD Prime Vault, backed by US Treasury bills. The company is also expanding into business finance with KAST Business, offering payroll, virtual cards, and cross-border spending. KAST emphasizes institutional-grade security through partnerships with Fireblocks, BitGo, and other enterprise security providers.

Key facts

  • KAST raised $80M in Series A funding in March 2026.
  • KAST surpassed 1 million users and $5B in annualized transaction volume.
  • The platform operates in 170+ countries with cards accepted at 150M merchants.
  • KAST offers stablecoin-based yield products via Gauntlet and USD Prime Vault.
  • KAST Business expands into payroll, virtual cards, and cross-border spending.

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