VENDOR · GLOBAL
Mesh eyes $2 billion valuation in Binance-led funding round
Crypto payments firm Mesh is raising capital at a $2 billion valuation with Binance leading the round, according to reporting. The funding targets rising demand for digital-asset-to-fiat conversions, positioning Mesh as a critical bridge between crypto and traditional banking rails.
WHY IT MATTERS
Binance's anchor position in a fiat-crypto ramp signals institutional confidence in digital asset settlement infrastructure. BFSI risk officers should monitor how quickly Mesh gains banking partnerships, as crypto-native payments rails could disrupt traditional correspondent banking.
Source: PYMNTS · 2026-07-06