Raags, CEO of Kast, lost a $100M company and spent 8 years paying back debt.

Now he's building what he believes will be a trillion-dollar stablecoin bank serving 150+ countries.

THE SHIFT NEWSLETTER

💡Go beyond the mic - subscribe to The Shift, my new weekly newsletter where I share the uncut stories, raw takes, and behind-the-scenes notes from When Shift Happens: https://www.kevinfollonier.com/crypto-web3-newsletter

___________

PARTNERS

💰 Zashi is the easiest self-custody wallet for private transactions - send, receive, and spend Zcash (ZEC) without middlemen or surveillance, built by the team that launched Zcash in 2016.

https://z.cash/ecosystem/zashi-wallet/

🚀 Jupiter is the most used Decentralized Exchange in Crypto and the largest DEX by volume on Solana: https://jup.ag/

🅿️ Paradex is building the future of open finance — an intuitive, permissionless trading platform giving users full control, ultra-low costs, fast execution, and access to global markets in one place. Money Badgers Genesis NFT drops in Q4 — limited spots 👉 https://app.paradex.trade/wl/resilientrogueqv

💳 KAST lets you manage and spend stablecoins or crypto with a Visa Card or Apple Pay. Live in 100+ countries: ⁠https://go.kast.xyz/VqVO/SHIFT⁠

🔓 Trezor offers the safest cold-storage wallets for crypto and true financial independence.

Buy with 10% off (promo code in video): https://trezor.io/?transaction_id=1026f18ed46409e495c6db4bff90ab&offer_id=133&affiliate_id=35356

🌱 Bitwise Asset Management manages $15B+ across 30+ crypto investment products — ETFs, index funds, alpha, staking, and more. https://bitwiseinvestments.com/

💧 Sui is a next-gen Layer 1 making digital asset ownership fast, private, and secure.

https://sui.io/

🧩 Story makes IP and real-world data programmable, enforceable, and monetizable.

https://www.story.foundation

★ Forza!, Coinsilium’s Gibraltar-based Bitcoin treasury arm. Coinsilium trades on AQUIS (COIN) and OTCQB (CINGF). https://www.coinsilium.com/

🔘 Mantle Network combines Ethereum-level security with low fees and fast transactions via its layer-2 tech. Stake ETH for mETH and join a transparent, community-governed ecosystem.

Join the upcoming Mantle Hackathon: https://mantle.to/hackathon/a4t

___________

CONNECT WITH RAAGS

Twitter: https://x.com/raagulanpathy

Twitter: https://x.com/kastxyz

WHEN SHIFT HAPPENS

Twitter (X): https://x.com/KevinWSHPod

Linkedin: https://www.linkedin.com/in/kevinfollonier/

Website: https://kevinfollonier.com/

DISCLAIMER

The info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speakers do not guarantee any particular outcome.

0:00 Managing A New Baby + Business How?

1:32 How You Deal With Social Media & Gatherings

4:44 The Math Of Compounding As A Founder Explained

6:43 Getting Others To Understand Compounding At Scale

7:22 How Much Time Goes Into This?

8:39 Who Are You

11:00 Our Valued Sponsors

19:33 Eating The Humble Pie Explained

21:16 The Importance Of Ego In Entrepreneurship

23:46 Retweeting A Complaint Comment + Response

26:59 How You Made Money After First Business Failure

29:18 Why You’re Called The Stable Coin Guy

31:30 Our Valued Sponsors

31:47 Stable Coins Have Unified The Dollar System

32:51 How Do You Look At The U.S Dollar vs Stable Coins

35:47 What Did You See That Made You Start Kast

39:06 Explain Kast To Your Mom

42:11 Why Are You Building Kast With Over 100 Employees

47:41 How Do You Simplify The Stable Coin Usage System

49:33 Are You A Fintech Or Crypto Company

50:48 How Likely Would Revolut Or Robinhood Replace Kast

54:14 How Is It Possible For Kast To Be Profitable After 15 Months

57:57 What Is It About The Gold Card

1:02:03 How Can Someone Tell If They Should Spend Or Hold

E153: Kast Founder: Why Crypto Banking Will Be Bigger Than You Think

When Shift Happens Podcast