Mesh Achieves Unicorn Status with $75M Series C Funding
- Mesh raised $75 million in Series C funding, reaching a $1 billion valuation.
- The funding round was led by Dragonfly Capital, with participation from Paradigm and Coinbase Ventures.
- Mesh’s infrastructure connects different wallets, blockchains, and digital assets into a unified system.
- Consumers can pay with any cryptocurrency while merchants receive instant settlement in their preferred stablecoin or fiat currency.
- The company plans to expand into Latin America, Asia, and Europe following recent moves into India.
Mesh’s latest funding round marks its entry into the unicorn club, highlighting its role in addressing the fragmentation of the crypto payment space by creating a seamless network for transactions across various digital assets and blockchains.
With over $200 million raised to date, Mesh is set to further its global reach and enhance its payment infrastructure that simplifies crypto transactions for both consumers and merchants alike. (Source)
