Overview
- Dragonfly led the round with participation from Paradigm, Moderne Ventures, Coinbase Ventures, SBI Investment and Liberty City Ventures.
- Part of the financing was settled in stablecoins to showcase auditable, high-value settlement on blockchain rails.
- Mesh’s SmartFunding lets customers pay with assets like Bitcoin or Solana while merchants receive instant settlement in USDC, PYUSD or local fiat.
- The company targets wider reach across Latin America, Asia and Europe and is deepening activity in India tied to large remittance flows.
- Total funding now exceeds $200 million as investors back infrastructure to address fragmented liquidity in a stablecoin market reported near $300 billion in 2025.