Crypto M - Crypto News

🚀 Rain Expands Visa Card Platform to Support Solana, Tron, and Stellar Networks

According to PANews, Rain, a stablecoin Visa card platform, has announced the addition of support for the Solana, Tron, and Stellar networks. This expansion enables projects based on these blockchains to swiftly issue their own branded Visa cards, facilitating global stablecoin transactions and payments. Solana's KAST and Tron's Offramp are among the first to adopt this platform, focusing on instant wallet spending and promoting dollar payments in Latin America, respectively. Previously, Rain supported Arbitrum, Optimism, and Polygon networks and completed a $24.5 million Series A funding round in March.

#Rain #VisaCard #Solana #Tron #Stellar #Stablecoin #Blockchain #Payments #LatinAmerica #KAST #Offramp #Arbitrum #Optimism #Polygon #Funding #SOL #XLM #TRX

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Crypto M - Crypto News

🚀 KAST Secures $80 Million in Funding, Valued at $600 Million

Stablecoin payments company KAST has successfully raised $80 million in a recent funding round, bringing its valuation to approximately $600 million. According to NS3.AI, the funding round was co-led by QED Investors and Left Lane Capital. KAST anticipates its annual revenue run rate to hit $100 million this year.

#KAST #Stablecoin #Funding #Investment #QEDInvestors #LeftLaneCapital #Revenue #Valuation #Fintech

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Crypto M - Crypto News

🚀 Crypto Startups Secure $192 Million in Weekly Fundraising

Crypto startups have successfully raised $192 million this week, contributing to a total of $2.75 billion in fundraising for the year. According to NS3.AI, Kast led the funding efforts with an $80 million Series A round aimed at enhancing stablecoin payment solutions.

#CryptoStartups #Fundraising #Stablecoin #SeriesA #Kast #NS3AI #Investment #Crypto

6 views07:01

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