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Crypto Payments Network Mesh Raises $75M Series C at $1B Valuation

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Crypto funds community Mesh has raised $75 million in a Series C spherical pushing its whole funding previous $200 million and valuing the corporate at $1 billion.

The fudning spherical was led by Dragonfly Capital with participation from Paradigm, Moderne Ventures, Coinbase Ventures, SBI Investment and Liberty City Ventures.

The financing comes as investor consideration more and more shifts away from speculative token launches towards the infrastructure wanted to help real-world crypto adoption.

Mesh mentioned it positions itself as a unified community designed to attach a fragmented world funds panorama and cut back reliance on conventional settlement rails.

Building a Borderless Payments Layer

Mesh provides it’s tackling the inefficiencies of legacy fee methods, together with sluggish settlement occasions and high charges by permitting crypto-native funds throughout chains and property.

Co-founder and CEO Bam Azizi describes crypto as “crowded by design,” with fixed new tokens and protocols creating friction for customers.

Mesh mentioned it goals to offer the connective layer that enables wallets, chains, and property to operate as one unified system. The firm additionally argues that future winners can be these constructing interoperability relatively than issuing new property.

Expansion Across Global Markets

The Series C funding can be used to help Mesh’s development into areas together with Latin America, Asia, and Europe alongside continued product growth.

Mesh mentioned its community already reaches greater than 900 million customers worldwide. The firm has beforehand expanded into India citing the nation’s younger digital inhabitants and greater than $125 billion in annual remittances.

Mesh has additionally introduced help for Ripple USD and partnerships with Paxos and Rain reflecting a broader push into stablecoin-based fee infrastructure.

Solving the Stablecoin Fragmentation Problem

Mesh is positioning itself as an answer to what it calls the “stablecoin paradox” — the fast rise of stablecoins alongside renewed fragmentation.

In 2025, stablecoins reached a $300 billion market cap and processed greater than $27 trillion in annual transaction quantity, however liquidity stays unfold throughout disconnected ecosystems.

Mesh’s SmartFunding know-how permits an “any-to-any” expertise, permitting customers to pay with property corresponding to Bitcoin or Solana whereas retailers obtain on the spot settlement in stablecoins like USDC or PYUSD, or in fiat currencies. Notably, a part of the Series C spherical itself was settled utilizing stablecoins, signaling rising institutional consolation with blockchain-native fee rails.

The submit Crypto Payments Network Mesh Raises $75M Series C at $1B Valuation appeared first on Cryptonews.

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