Mesh Secures $75M Funding; Achieves Unicorn Status
- Mesh becomes a unicorn with $1B valuation.
- $75M Series C led by Dragonfly Capital.
- Focus on global crypto payment interoperability.
Mesh, a San Francisco-based crypto payments network, secured $75M in a Series C round led by Dragonfly Capital, achieving unicorn status with a $1B valuation on January 27, 2026.
Mesh’s milestone highlights the evolving crypto payments landscape and could influence wider adoption by demonstrating scalable blockchain infrastructure, despite no immediate market impact or regulatory shifts noted.
Mesh, a crypto payments network, achieved unicorn status with a $1B valuation following a successful $75M Series C funding round led by Dragonfly Capital, a prominent crypto-focused investment firm.
The funding round included participation from major players such as Coinbase Ventures and Paradigm, highlighting confidence in Mesh’s mission to create a unified network for global crypto payments.
Immediate effects are anticipated across crypto industries, with Mesh enhancing interoperability for consumers and merchants. The network facilitates payments using multiple assets, improving transaction efficiency and compliance on a global scale.
The Series C funding bolsters product development, models for risk assessment, and accentuates expansion strategies targeting regions with high remittance volumes, including Latin America and Asia.
The funding reaffirms the market’s confidence in Mesh’s potential to reshape traditional payment infrastructures. Mesh’s success aligns with similar fundraising achievements in the growing stablecoin sector.
Potential technological outcomes include broader adoption of crypto payments, driven by an emphasis on creating an asset-agnostic network that supports compliance. Dragonfly’s leadership predicts this drive will continue increasing blockchain’s role in everyday transactions.
“Payments are entering a new era where value moves as software. Mesh is building the interoperability layer that makes crypto practical at scale: consumers can spend any asset, merchants can settle instantly in the stablecoin or fiat they want, and the complexity stays under the hood. That ‘any-to-any’ experience is exactly what mainstream adoption demands, and we’re excited to lead this round as Mesh becomes the universal network for global, compliant crypto payments.” — Rob Hadick, General Partner, Dragonfly Capital
