$NCT
Heating UpSnapshot Window: 2026-07-25 03:00 UTC · ← Back to Crypto Overview
Social Momentum Summary
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
KAST is on track to reach $100M in revenue. But the real question is, How will they get there? The idea is simple: Make stablecoins useful in everyday life. KAST lets users hold, move, and spend digital dollars through familiar payment products. The growth loop is simple: [Spoken audio]: Give me some numbers. We said 3x. Do you have some numbers to share so that it gives people an idea of, like, magnitude? Yeah, I mean, look, we don't publicly talk too much about numbers and I'll tell you why in a second. But we do say publicly that we're on track for $100 million in revenue annualized within this year and that's certainly on track still. In fact, I've got a board meeting in just a few days where we'll be saying it's still on track. So for a business to go from nothing, zero to within two and a half years, or less, $100 million in revenue, it's frankly extraordinary. It's at the levels of, I think, Revolver, New Bank, Wwise, all these very, very fastest considered like four, five years. So two and a half years of extraordinary, quick. Close as fast as a Revolver. Yeah, I mean, it's a different time given, you know, and that they have a fantastic business that's growing incredible at such scale. Huge amount of respect to them. But yeah, our start has been very strong and now we have to keep scaling that as well. We also got, you know, million plus customers, you know, who've used the product. So yeah, and we're doing a lot of things to scale it a lot quicker as well. We're coming out with other products, very importantly, Namely, two of them are the business product, which we've got 3,000 companies on the wait list for right now. It's just gone into beta. And then we also have a lighter, I would call it like a social money app called Castro that's coming out, which is built for specifically the African and Latam markets, where we expect there'll be a lot of users. Obviously, it's not a premium product like Kast. It's much more for the common person Latam and Africa and certain parts of Asia, but will scale to users. Obviously probably a lot faster than Cast. So Cast went from zero to probably a hundred million dollar in annualized revenue in two years and a half, grown massively from zero to like, what, three, 400 employees now? We have a couple of hundred employees and another hundred or so contractors or so. We've kind of leveled off because we did this like four X in employees over the last six or so months. And now we're actually finding through the use of AI and efficiency, cause it's a funny business. You've got to hire all these people cause you don't know all the things you need to build. And then eventually what happens is that they can just become more and more efficient and we can kind of level off here. So.
