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Crypto Payments Startup Mesh Hits $1 Billion Unicorn Valuation
Mesh, a crypto payments network, announced that it has raised $75 million in Series C funding, reaching a $1 billion valuation with over $200 million in total capital raised to date.
Dragonfly Capital led the latest round that crowns Mesh as the latest crypto “unicorn” with a billion-dollar valuation, joined by Paradigm, Coinbase Ventures, Moderne Ventures, SBI Investment, and Liberty City Ventures.
Mesh’s infrastructure aims to solve crypto's fragmentation headaches, creating a unified payment network that bypasses traditional finance's slow settlements and high fees. Mesh connects different wallets, blockchains, and digital assets to function as a single system.
The...