The encrypted payment network Mesh has completed a $75 million Series C funding round, led by Dragonfly Capital, with a valuation of $1 billion

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.