Finance
What to know:
- In a twist that feels just like the plot of a third-rate novel, cryptocurrency payments network Mesh has donned its fanciest horn and acquired unicorn status-thanks to a whopping $75 million Series C funding round that slapped a cool billion-dollar tag on the company.
- This fundraise, akin to a gold rush in a desert of despair, showcases a flicker of faith from investors in these crypto infrastructure projects, even as the market languishes like an old dog on a hot day.
- Mesh, in a move reminiscent of a magician pulling rabbits from hats, revealed that part of this funding was done using stablecoins, proving they are, indeed, “ready for high stakes, real-world use”-whatever that means.
In a land where dreams and dollars collide, Mesh has waltzed into the spotlight with its unicorn status and a shiny $75 million from the latest funding round. It seems even in a gloomy market, there are those brave enough-or perhaps foolish enough-to invest.
The round was led by Dragonfly Capital, with a supporting cast including Paradigm, Moderne Ventures, Coinbase Ventures, SBI Investment, and Liberty City Ventures-because who doesn’t want to be part of a blockchain fairytale?
Mesh’s triumph is a beacon of hope in a world where finance often resembles a never-ending game of Monopoly, complete with slow settlements and fees that can make one weep. They’re aiming for a utopian vision where payments flow freely like water, cutting through the red tape of traditional finance.
“Fragmentation creates real friction in the customer payment experience,” opines Bam Azizi, Mesh’s co-founder and CEO, likely while staring dramatically into the middle distance. “We are focused on building the necessary infrastructure now to connect wallets, chains, and assets, allowing them to function as a unified network.”
Ah yes, the promise of technology-always just a little out of reach, yet tantalizingly close. And as for stablecoins? Well, they’re just the cherry on top of this crypto sundae, proving that Mesh is, indeed, “ready for high stakes, real-world use.”
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2026-01-27 21:53