KAST

KAST is a stablecoin-powered financial platform that provides global access to digital money through borderless banking services. Founded in 2023, the company secured $10M in seed funding from investors including Hongshan (formerly Sequoia China) and Peak XV Partners in December 2024, reaching a valuation target of $100M.

Core Products & Services

KAST operates as a neobank built on stablecoin infrastructure, offering crypto-enabled payment cards, global USD accounts, instant cross-border payouts, and yield-earning opportunities. The platform supports deposits in USDC, USDT, and major cryptocurrencies (SOL, ETH, BTC) with cards accepted at 150M+ merchants and ATMs worldwide across 160+ countries.

Business Solutions

KAST Business (launching 2026) will provide enterprise-grade financial services including multi-currency business accounts supporting 15+ currencies, instant global payouts to 200+ countries, team card issuance with spending controls, faster settlement times, FX and stablecoin conversion capabilities, and integrations with existing finance tools. The platform is designed for remote teams, global businesses, and crypto-native companies requiring flexible cross-border payment solutions.

Technical Infrastructure

The platform leverages partnerships with licensed financial institutions and regulated payment rails including SWIFT and PIX. KAST partners with industry-leading security providers including Fireblocks for custody, BitGo for asset security, and implements multi-layer verification including identity checks, real-time fraud scanning, and enterprise-grade encryption. The company integrates with Gauntlet for DeFi yield optimization, providing risk-adjusted returns on stablecoin holdings.

Key Strengths

KAST eliminates traditional banking friction for global users through instant stablecoin-based transactions, competitive 4.5% yields on deposits, 24/7 customer support, and seamless crypto-to-fiat spending without manual off-ramping. The platform's stablecoin-first architecture enables faster settlements, lower fees, and borderless accessibility compared to traditional banking infrastructure.

Leadership & Team

The leadership team brings experience from top fintech and crypto companies including Circle, Phantom, Revolut, Binance, and Wise. With 201-500 employees globally, KAST operates from Singapore and has attracted backing from prominent Web3 investors.

Why Choose KAST

For businesses operating globally, KAST provides banking-like services without traditional banking constraints. The platform enables companies to hold, send, and spend stablecoins seamlessly while maintaining compliance through regulated partner institutions. Real-time settlements, multi-currency support, and crypto-native infrastructure make KAST suited for Web3 projects, DAOs, remote-first companies, and any organization requiring flexible global payment capabilities.