Cryptocurrencies

Crypto Payments Network Mesh Connect Hits $1 Billion Valuation

Mesh Connect CEO Bam Azizi

Photographer: Suhaimi Abdullah/Bloomberg

Mesh Connect Inc. secured a $1 billion valuation after a recent $75 million funding round.

Five-year-old Mesh pitches itself as a network connecting crypto exchanges, wallets and financial services platforms. It’s most recent round was led by Dragonfly Capital with participation from Coinbase Ventures, Paradigm, Moderne Ventures and Liberty City Ventures.