Crypto Payments Startup Mesh Hits $1 Billion Unicorn Valuation

In brief

  • Mesh raised $75 million in Series C funding led by Dragonfly Capital, achieving a $1 billion “unicorn” valuation.
  • The crypto payments network’s unified infrastructure connects different wallets, chains, and digital assets.
  • Mesh’s technology enables consumers to pay with any cryptocurrency while merchants receive instant settlement in their preferred stablecoin or fiat currency.

Mesh, a crypto payments network, announced Tuesday 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,…

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