KAST Finance announces acquisition of Web3 startup Kaiju Labs

Odaily News KAST Finance announced the acquisition of Web3 startup Kaiju Labs. The specific acquisition amount has not been disclosed. Kaiju Labs' early investor nVentures withdrew after the acquisition. Kaiju Labs is a wallet-as-a-service provider for Web3 games and applications. KAST aims to allow users to obtain bank-like services through stablecoins denominated in US dollars (Tether's USDT and Circle's USDC). (readme)