mesh

Cryptocurrency payment infrastructure company Mesh announced a partnership with Visa, allowing users to directly spend their cryptocurrency and stablecoin balances from participating wallet applications at over 175 million merchant locations worldwide. This integration supports both offline and online payments through Visa credentials configured in the backend, with Mesh responsible for transaction fund transfers and currency conversion, so users do not need to sell or transfer assets in advance.Bam Azizi, CEO and co-founder of Mesh, stated that cryptocurrency has never been a consumption issue, but rather a "last mile" problem, and previously solving this issue meant needing to obtain a separate card. Mesh handles fund transfers and conversions, allowing balances to be converted into purchasing power at the moment of payment, without users needing to transfer any assets, and merchants not needing to make any changes. The specific launch date of this partnership, supported devices, and participating platforms have not yet been announced.Mesh is a cryptocurrency payment infrastructure company that previously supported the launch of PayPal's "Pay with Crypto" service. In August 2025, institutions such as PayPal Ventures and Coinbase Ventures raised Mesh's total funding to over $130 million. In January of this year, Mesh completed a $75 million Series C funding round led by Dragonfly, entering the unicorn ranks. This partnership is also Visa's latest initiative to continuously integrate cryptocurrency assets into its merchant network, having previously engaged in similar collaborations with WeFi, Bridge, and others.

According to PR Newswire, the cryptocurrency payment platform Mesh announced the launch of Link Chat. The company stated that this is an AI-driven product experience within Mesh Link, allowing users to initiate financial operations using natural language.This capability has gone live and is being rolled out to partners, with plans to expand to the Mesh product stack, covering payments and other supported transaction types. Mesh was founded in 2020 and is building a cryptocurrency payment network connecting hundreds of exchanges, wallets, and financial service platforms.According to Mesh, after users make a request, the platform can present eligible accounts and funding sources, including connected accounts and compatible accounts that can be connected. An example intent is to deposit 50 USDC into an account.Users specify the action they intend to take and review and confirm the transaction details, after which Mesh orchestrates the connection between the funding source and the target platform, requiring user approval before the funds move. Relevant uses include transferring funds into accounts, completing payments, or other supported operations.

On October 13, the cryptocurrency payment platform Mesh announced the acquisition of exchange connectivity technology developer Bluvo to accelerate the construction of its global payment network. Bluvo co-founders Florian Sabani and Luca Dalla Chiara have joined Mesh as Senior Software Engineer and Head of Exchange Partnerships, respectively. The acquisition price and transaction terms were not disclosed in the announcement.Mesh CEO and co-founder Bam Azizi stated that the next phase of finance should allow user funds to flow on demand, without having to consider the starting chain, exchanges, wallets, or currencies. Mesh has spent six years building this network and hopes to become the relevant standard. He believes that Sabani and Dalla Chiara see the same direction, which is why they chose to build together rather than proceed in parallel.Dalla Chiara mentioned that they have been dealing with connectivity issues from the exchange side for many years, and the related opportunities are greater than any single integration. Mesh already has scalable coverage, which will allow for faster progress after the merger. Sabani stated that with over 300 integrations, the challenge is not to connect once but to maintain reliability each time, with the goal of higher availability and lower complexity. Mesh was founded in 2020 and claims to have connected over 300 exchanges and wallets through a single integration.

Executives from World Liberty Financial (WLFI), a cryptocurrency project supported by the Trump family, revealed at the stablecoin-themed roundtable forum during the Token2049 conference in Singapore that they plan to introduce USD1 stablecoin payments to large online merchants. WLFI CEO Zach Witkoff attended alongside co-founder Zak Folkman and Bam Azizi, co-founder and CEO of payment infrastructure provider Mesh. Azizi announced that Mesh has partnered with WLFI, allowing USD1 holders to spend the stablecoin within Mesh's merchant network, with related features set to launch this quarter.Folkman stated that in addition to World Liberty's own application, the team plans to promote the same technology to some of the largest Web2 enterprises in the market. USD1 is issued by BitGo, with reserves including cash, U.S. government money market funds, and other cash equivalents, designed to maintain a 1 dollar peg. According to CoinGecko data, its market capitalization is approximately 4.45 billion dollars.In August, the Office of the Comptroller of the Currency (OCC) granted conditional approval for WLFI to establish a national trust bank, which is intended for issuing dollar-backed stablecoins and custodial services for digital assets. Witkoff stated that this move will enable WLFI to assume the issuance responsibilities of USD1, which is currently managed by BitGo.

MeshWallet, a gas-free USDT wallet headquartered in Tallinn, Estonia, announced the completion of a $10 million private placement financing, led by several private investors and small family offices.MeshWallet operates on the TRON (TRC20) network, with the core function of eliminating the need for users to hold TRX to pay gas fees, with transfer fees settled directly in USDT, simplifying the dual-token operation process. This financing will be used to expand the product roadmap and build the user ecosystem.

The cryptocurrency exchange Bybit's payment department Bybit Pay has completed integration with the cryptocurrency payment infrastructure provider Mesh. Users can now directly use their Bybit account balance for payments or account top-ups on supported platforms without needing to withdraw assets or transfer them to other platforms first.Users can directly select Bybit Pay as the payment method during settlement or recharge. For merchants already integrated with Mesh, Bybit Pay can be added as a payment option through existing integrations, reaching the 80 million users claimed by Bybit. Bybit stated that this integration also supports programmable settlement options, allowing merchants to control the payment settlement methods and timing across different markets.Mesh stated that its network is connected to over 300 wallets, exchanges, and financial service platforms. In January of this year, the company completed a $75 million Series C funding round led by Dragonfly, achieving a valuation of $1 billion, with total funding exceeding $200 million, and plans to expand into the Latin American, Asian, and European markets.

According to Axios, the cryptocurrency payment company Mesh is undergoing a new round of financing, led by Binance, with a post-investment valuation of up to $2 billion.

According to the latest disclosure by the Federal Trade Commission (FTC), Musk has obtained antitrust approval for the acquisition of the optical network startup Mesh Optical Technologies, which means the FTC has completed a rapid antitrust review and will not challenge the transaction on competitive grounds, clearing a major regulatory hurdle for the advancement of the deal. However, it has not yet been disclosed whether the transaction has been signed or completed.Mesh was founded by former SpaceX engineers, and its core product is optical transceivers for AI data centers, which can improve energy efficiency, reduce latency, and enhance reliability compared to traditional network hardware, in order to meet the demand for millions of optical connections brought about by the growth of AI computing clusters. The founding team was involved in the development of the laser communication system for SpaceX's Starlink satellite network and plans to deploy optical communication technology into space in the future, adapting to the inter-satellite laser communication needs of orbital data centers and AI satellite networks. The company completed over $50 million in financing led by Thrive Capital in February of this year.Acquiring Mesh is one of SpaceX's initiatives to strengthen the competitiveness of large-scale computing clusters. Currently, SpaceX has listed AI computing power as a core business segment, and its xAI has been operating a total of approximately 1GW computing power with the Colossus and Colossus II training clusters, making it the first company to deploy coherent gigawatt-level AI training clusters; among them, Colossus II will add over 400MW of computing power and introduce over 220,000 GB300 chips. It has signed computing power cooperation agreements with Anthropic, Google, Reflection AI, and others, directly competing with large-scale cloud providers such as Amazon Web Services, Microsoft Azure, and Google Cloud. This year, SpaceX has also reached a Terafab chip manufacturing plan with Tesla and Intel, extending its vertical integration capabilities in chip design and manufacturing.In the past week, SpaceX's stock price ended its upward trend, closing at $153.23 per share, down over 32% from its peak of $225.64 per share.

According to PRNewswire, the crypto payment network Mesh announced the completion of a $75 million Series C funding round, with a valuation of $1 billion. This round was led by Dragonfly Capital, with participation from Paradigm, Moderne Ventures, Coinbase Ventures, SBI Investment, and Liberty City Ventures, bringing Mesh's total funding to over $200 million.Mesh is dedicated to connecting the fragmented global crypto market, bypassing the slow settlements and high fees of traditional finance. The company offers a unified payment network that supports a borderless tokenized economy. Currently, Mesh's global network covers over 900 million users, and this funding will accelerate its expansion in Latin America, Asia, and Europe.

Recently, NeuroMesh, focused on embodied intelligence, announced the completion of a $5 million strategic financing round, with a post-investment valuation of $50 million. This round of financing was jointly invested by Alpha Capital and Coinvestor Ventures.NeuroMesh is dedicated to providing edge intelligence solutions for robots and smart devices. Through its device-side intelligent stack, it enables robots to achieve real-time perception, planning, and execution without relying on the cloud. Meanwhile, the experiences gained by machines during learning will be synchronized to a decentralized "collective brain," achieving continuous evolution and shared learning through network effects.This model allows the learning outcomes among agents to be verifiable and accumulative, driving the entire network to become increasingly intelligent. NeuroMesh's goal is to build a truly native, verifiable, and shared autonomous intelligent world, making decentralized machine intelligence the infrastructure for the next generation of human-machine collaboration.It is reported that the funds from this round will be used to accelerate technology research and development, expand the team size, and further explore the implementation of applications in industrial automation, service robots, and other scenarios.

The Nasdaq-listed special purpose acquisition company Meshflow Acquisition announced the issuance of 34,500,000 units at a price of $10 each (each unit includes Class A common stock and redeemable warrants), raising a total of $345 million. The company will seek mergers, acquisitions, share exchanges, asset purchases, stock purchases, reorganizations, or similar business combinations in areas such as crypto infrastructure, decentralized coordination tools, Web3 middleware, asset tokenization, and decentralized finance foundational protocols.

The Nasdaq-listed special purpose acquisition company Meshflow Acquisition announced the completion of its initial public offering, issuing 34,500,000 units at a price of $10 each, raising a total of $345 million. The company will seek mergers, acquisitions, stock exchanges, asset purchases, share purchases, reorganizations, or similar business combinations in areas such as crypto infrastructure, decentralized coordination tools, Web3 middleware, asset tokenization, and decentralized finance foundational protocols.

ChainCatcher news, the multi-chain staking platform Cryptomesh announced the completion of a $2.5 million Series A funding round, with investor information not yet disclosed. The platform currently supports 10 mainstream blockchain networks, including Ethereum (ETH), Optimism (OP), etc. The new funds are intended to upgrade infrastructure and expand the scale of DeFi staking.

ChainCatcher news, according to Blockworks, Honeycomb Protocol has acquired the GameShift platform under Solana Labs.GameShift previously served as Solana Labs' gaming infrastructure platform, focusing on providing developers with tools and services for blockchain game development. Following the completion of this acquisition, Honeycomb Protocol will leverage the existing technology and user base of the platform to further expand its influence in the Web3 gaming space.

ChainCatcher news, the encrypted payment protocol AEON announced a partnership with the global encrypted payment network Mesh to integrate Mesh's API into its payment products.Users can now directly use their account balances from exchanges like Coinbase and Binance, or personal wallet balances from MetaMask, Phantom, Trust Wallet, to make online and offline payments to merchants through AEON. This integration aims to provide users with more payment options and enhance the convenience of using crypto assets in daily payments.

ChainCatcher news, according to relevant reports, the Polymesh Association has officially transformed into Polymesh Labs Ltd. (referred to as "Polymesh Labs"), and after successfully completing the acquisition, it has officially joined the Polymath family. This strategic acquisition was initially announced on May 13, 2025, marking an important step in advancing the blockchain infrastructure tailored for the tokenization of regulated assets.As a subsidiary established in the Cayman Islands, Polymesh Labs will be fully responsible for the operation of the Polymesh blockchain, including the POLYX token and related software applications, such as the Polymesh wallet, Polymesh portal, and TokenStudio. This acquisition brings more resources to Polymesh Labs, accelerating the adoption of the network in the institutional sector.This acquisition is part of a strategy to transition to a publicly listed entity, following its reverse acquisition agreement with AnalytixInsights. By integrating this acquisition strategy, Polymesh will further expand its capabilities and credibility as the first-layer blockchain supported by a publicly listed company, deepening its integration with traditional regulated market frameworks.

ChainCatcher news, the crypto payment company Mesh announced the completion of a $82 million Series B funding round to expand its stablecoin-based payment settlement network. This round was led by Paradigm, with participation from ConsenSys, QuantumLight, Yolo Investments, Evolution VC, Hike Ventures, Opportuna, and AltaIR Capital.Mesh aims to build a payment network that connects crypto wallets, exchanges, and payment service providers, allowing users to pay with crypto assets such as BTC, ETH, and SOL, while merchants can choose to settle in USDC, PYUSD, or RLUSD.

ChainCatcher message, according to the ranking surge data from the Web3 asset data platform RootData, as of September 27 at 5 PM, Mawari has risen by 893 ranks, placing first; MeshMap has risen by 767 ranks, ranking second; Vertex Protocol has risen by 756 ranks, coming in third.Additionally, according to the Web3 asset data platform RootData, it is reported that Mawari Network is a decentralized 3D and XR content delivery platform that breaks the bottleneck of real-time rendering infrastructure supply and the lack of local computing power on XR devices. The project achieves this goal by orchestrating a decentralized network composed of GPU-driven nodes running the Mawari engine, which is a proprietary technology stack capable of rendering interactive 3D content and efficiently streaming it in real-time to large-scale mobile XR devices.