Binance Set to Anchor $2 Billion Funding Round for Crypto Payments Provider Mesh

Binance is preparing to lead a major funding round for crypto payments infrastructure provider Mesh.

The anticipated investment could value Mesh at approximately $2 billion, up from its $1 billion valuation in January this year.

MESH secured $75 million in Series C financing earlier this year, with Dragonfly Capital as the lead investor and support from Paradigm, Coinbase Ventures, and others.

The company specializes in creating bridges between digital wallets, trading platforms, stablecoins, and traditional financial systems, addressing a persistent challenge in cryptocurrency commerce.