Mesh Seeks Up to $2 Billion Valuation in Binance-Led Funding Round

Crypto payments and settlement platform Mesh is reportedly seeking fresh funding in a deal that could value the company at as much as $2 billion, with Binance expected to serve as the lead investor, Axios reported, citing sources familiar with the matter.

The fundraising effort comes against a backdrop of rising demand for infrastructure that connects digital assets with traditional financial systems. The report said increasing regulatory certainty for stablecoins and the faster adoption of tokenized assets are fueling interest in crypto payment and settlement solutions.

Source: Axios