Investor curiosity in core crypto infrastructure is rising, with Mesh funds rising as a key participant within the shift towards real-world blockchain-based transactions.
Sequence C spherical propels Mesh to unicorn standing
Mesh, a fast-growing crypto funds community, has raised $75 million in a Sequence C funding spherical that values the corporate at $1 billion and pushes its complete financing above $200 million. The most recent capital injection underscores how buyers are more and more backing infrastructure quite than speculative token launches.
The spherical was led by Dragonfly Capital, with participation from Paradigm, Moderne Ventures, Coinbase Ventures, SBI Funding and Liberty Metropolis Ventures. Furthermore, the combination of crypto-native funds and conventional enterprise capital companies highlights rising confidence in payment-focused blockchain startups.
Mesh stated the financing will assist it scale what it describes as a unified community designed to attach a fragmented international funds panorama and scale back reliance on conventional settlement rails. Nevertheless, the corporate additionally argues that significant adoption will depend upon making digital belongings behave extra like on a regular basis cash for each shoppers and retailers.
Constructing a borderless funds layer
Mesh positions its know-how as a type of borderless funds infrastructure, tackling the inefficiencies of legacy fee techniques equivalent to gradual settlement and excessive charges. It goals to allow crypto-native funds throughout a number of chains and belongings whereas hiding a lot of the underlying complexity from finish customers.
Co-founder and CEO Bam Azizi describes the crypto ecosystem as “crowded by design,” with fixed new tokens and protocols including friction. That stated, Mesh is betting that the actual alternative lies in interoperability quite than launching yet one more asset.
Towards this backdrop, the corporate desires mesh funds to behave because the connective layer that lets wallets, blockchains and digital belongings operate as one coordinated system. Furthermore, Mesh maintains that future winners shall be these able to stitching collectively disparate networks right into a seamless person expertise.
Increasing throughout international markets
The Sequence C capital may also gasoline Mesh’s worldwide enlargement, significantly in Latin America, Asia and Europe, whereas supporting continued product improvement. These areas are seen as key development markets because of excessive cell adoption, unstable native currencies and enormous cross-border fee flows.
Mesh stated its community already reaches greater than 900 million customers worldwide by way of integrations with current platforms and companions. Furthermore, the corporate has beforehand expanded into India, citing the nation’s younger digital inhabitants and greater than $125 billion in annual remittances as a serious alternative for extra environment friendly transfers.
As well as, Mesh has introduced help for Ripple USD and rolled out partnerships with Paxos and Rain, reflecting a broader technique to deepen its position in stablecoin primarily based funds. Nevertheless, these strikes additionally spotlight the complexity of connecting a number of issuers, chains and regulatory regimes beneath one community.
Addressing stablecoin fragmentation with SmartFunding
Mesh can be focusing on what it calls the “stablecoin paradox” – the fast development of dollar-pegged tokens alongside rising fragmentation throughout platforms and chains. In 2025, stablecoins collectively reached a $300 billion market capitalization and processed greater than $27 trillion in annual transaction quantity, but liquidity stays siloed in disconnected ecosystems.
To bridge these gaps, Mesh has developed its SmartFunding know-how, which is designed to allow an “any-to-any” expertise for customers and retailers. Furthermore, the system permits shoppers to pay with belongings equivalent to Bitcoin or Solana whereas retailers obtain immediate settlement in stablecoins like USDC or PYUSD, and even in conventional fiat currencies.
Importantly, a part of the Sequence C spherical itself was settled utilizing stablecoins, signaling rising institutional consolation with blockchain-native fee rails. Nevertheless, Mesh nonetheless must show that its mannequin can scale, preserve regulatory compliance and deal with the operational calls for of worldwide commerce whereas preserving the effectivity good points it guarantees.
Total, the brand new funding offers Mesh the assets to broaden its community, refine SmartFunding and deepen its position in connecting fragmented digital asset ecosystems, as establishments and customers search for extra dependable methods to maneuver worth throughout chains, areas and currencies.