Singapore-based KAST Finance announced the acquisition of Web3 startup Kaiju Labs for an undisclosed sum. Early investor nVentures in Kaiju Labs withdrew after the acquisition. Kaiju Labs is a wallet-as-a-service provider for Web3 games and applications. KAST aims to allow users to access bank-like services through dollar-denominated stablecoins (Tether's USDT and Circle's USDC).