Mesh seeks funding at up to $2 billion valuation with Binance leading

Axios reported on July 3 that the crypto payments and settlement company is tapping investor demand as stablecoin regulation improves and tokenization boosts interest in fiat-to-digital asset infrastructure.

Summary

Mesh is raising a new funding round at a valuation of up to $2 billion, with Binance planning to lead the round, Axios reported on July 3, citing people familiar with the matter. The move highlights investor interest in infrastructure that handles transfers, payments, and settlement between digital assets and fiat currencies, as clearer stablecoin rules and faster tokenization adoption lift demand for those rails.

Terms & Concepts
  • stablecoin regulation: Rules governing fiat-linked digital tokens.
  • tokenization: Creating digital representations of real-world assets.
  • settlement: Final transfer of funds between parties.