In a press release, KAST Chief Executive Officer, Beatrice Morel, stated that the new capital will be primarily used for two key objectives: accelerating product development and expanding regulatory licensing globally.
KAST, a leading Swiss-based stablecoin payments infrastructure provider, announced Monday it has raised $80 million in a Series B funding round at a valuation of $600 million. The investment underscores growing institutional confidence in blockchain-based settlement solutions.
The funding round was led by QED Investors and Left Lane Capital, with significant participation from existing investors. This latest capital injection brings KAST’s total funding to over $110 million since its founding in 2021.
KAST specializes in providing robust application programming interfaces (APIs) and settlement layers that allow traditional financial institutions and large-scale enterprises to integrate stablecoin transactions seamlessly. Unlike consumer-facing crypto apps, KAST focuses on the “plumbing” of heavy-duty corporate treasury and cross-border B2B payments.
In a press release, KAST Chief Executive Officer, Beatrice Morel, stated that the new capital will be primarily used for two key objectives: accelerating product development and expanding regulatory licensing globally.
“The demand for faster, cheaper, and 24/7 settlement is no longer theoretical,” Morel said. “It’s an operational imperative for a global enterprise. This funding allows KAST to scale our infrastructure, ensuring we remain the gold standard for secure, compliant, stablecoin value transfer. We are building the rails for the next generation of global commerce.”
The investment comes amid a period of intense scrutiny on the stablecoin market. Regulators worldwide are working to establish clearer frameworks for fiat-backed digital assets, focusing on reserves, transparency, and systemic risk. KAST has differentiated itself by prioritizing strict adherence to Swiss financial standards and proactively engaging with regulators in key markets, including the European Union and Singapore.
While many crypto startups have struggled to secure funding during the recent “crypto winter,” infrastructure providers with clear utility and regulatory focus continue to attract capital. KAST’s platform currently supports major asset-backed stablecoins, including USDC and USDT, facilitating settlements in minutes rather than the days required by legacy systems like SWIFT.
KAST’s strategic roadmap includes launching specialized settlement engines for synthetic foreign exchange (FX) and expanding into Latin America and Southeast Asia, regions where stablecoin adoption for payroll and trade finance is rapidly accelerating.
