Mesh Reaches $1B Valuation with $75M Series C for Crypto Payments Infrastructure

Cryptocurrency payments infrastructure firm Mesh has achieved unicorn status after raising $75 million in a Series C funding round that values the company at $1 billion. The round was led by Dragonfly Capital with participation from Paradigm, Coinbase Ventures, and others. The funding demonstrates continued investor interest in crypto infrastructure despite market conditions, with Mesh focusing on connecting fragmented payment systems across wallets and blockchains. The company enables asset-agnostic payments and instant settlement in stablecoins, positioning itself as an alternative to traditional finance systems. Part of the investment was settled using stablecoins to showcase operational readiness.