Funding Round · Crypto / Digital Assets · 2024

KAST $10M seed funding from Peak XV and HongShan

KAST raised $10M Seed round led by Peak XV, HongShan, DST Global, Goodwater Capital on December 11, 2024.

Primary: KAST
Counterparty: Peak XV, HongShan, DST Global, Goodwater Capital
Amount: $10M
Structure: Seed round
Date: December 11, 2024
Sub-sector: Crypto / Digital Assets

Stablecoin-powered neobank targets emerging markets with restricted USD access and high remittance costs, signaling investor confidence in blockchain-native banking infrastructure.

Primary company: KAST
Counterparty: Peak XV, HongShan, DST Global, Goodwater Capital
Amount: $10M
Event date: December 11, 2024
Sub-sector: Crypto / Digital Assets
HQ: Not disclosed
Structure: Seed round
Source published: December 11, 2024
Publisher: TechCrunch

Source: techcrunch.com

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