Mesh Joins Crypto Unicorn Club With $1B Valuation Amid Infrastructure Bet
Payments infrastructure firm Mesh has become the latest crypto unicorn, surpassing a $1 billion valuation after a $75 million Series C funding round. The investment underscores a strategic pivot by venture capital toward blockchain utilities over speculative token plays.
The company’s rise reflects a broader market trend: capital is flowing into foundational rails rather than consumer-facing HYPE cycles. Mesh positions itself as critical infrastructure for cross-chain payments, targeting institutional demand for seamless value movement between wallets, chains, and assets.
Investor participation signals conviction in long-term value creation. The round attracted seasoned backers of crypto infrastructure, contrasting with the retreat from narrative-driven bets during the current selective market environment.
