Mesh, a leading crypto payments infrastructure provider, has secured $75 million in a Series C funding round, elevating its valuation to $1 billion and achieving unicorn status. The round was led by Dragonfly Capital, with participation from Paradigm, Moderne Ventures, Coinbase Ventures, SBI Investment, and Liberty City Ventures. This funding underscores strong investor confidence in Mesh's ability to advance embedded finance and crypto payment solutions.
The new capital will be used to enhance Mesh's API suite, expand its engineering and compliance teams, and support global market expansion. Mesh's technology focuses on account aggregation and secure fund transfers, enabling applications to integrate cryptocurrency transactions without managing private keys. This approach simplifies blockchain interactions for developers, facilitating faster fintech product deployment.
Dragonfly Capital's leadership in the funding round highlights Mesh's strategic vision and technical execution, attracting a diverse group of investors. The $1 billion valuation reflects the growing demand for blockchain-based payment solutions, positioning Mesh as a key player in the evolving digital asset ecosystem.
Mesh Crypto Payments Network Raises $75M, Achieves $1B Valuation
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