Mesh completes $75 million Series C funding round, reaching a $1 billion valuation, aiming to build a universal crypto payment network.

According to a report by Bijie Network: Leading crypto payment network Mesh has raised $75 million in a Series C funding round led by Dragonfly Capital, bringing its valuation to $1 billion. Other investors in this round include Paradigm and a certain exchange, bringing Mesh's total funding to over $200 million. The company plans to use these funds to expand into the Latin American, Asian, and European markets, and to develop its unified payment network, aiming to connect fragmented crypto markets and bypass the slow and costly processes of traditional financial settlements.