Binance to lead Mesh's new funding round at up to $2B valuation, betting on growing demand for stablecoin and tokenization infrastructure.
DeFi & Yields ·
Binance is planning to lead a new funding round for Mesh, a crypto payments and settlement company, at a valuation of up to $2 billion, according to reporting citing people familiar with the matter. The investment reflects confidence in infrastructure that bridges digital assets and fiat currencies as regulatory clarity around stablecoins advances and tokenization activity expands.
The round underscores growing investor appetite for payment and settlement tools in crypto, particularly those designed to handle the flow of value between traditional finance and blockchain networks. Binance's role as lead investor signals the exchange's strategic focus on infrastructure underpinning broader asset tokenization.
Details remain limited on the round's size, other investors participating, timeline, and Mesh's current operations or market position within the payments infrastructure space.