Binance is reportedly set to lead a new funding round for Mesh, the crypto payments, BLOCKCHAIN and settlement infrastructure firm, at a valuation of up to $2 billion, double its $1 billion valuation from January 2026, when it closed a $75 million Series C led by Dragonfly Capital with participation from Paradigm, Coinbase Ventures, SBI Investment, Liberty City Ventures, and Moderne Ventures. Neither Binance nor Mesh has officially confirmed the deal, but if completed it would represent one of the fastest valuation doublings in recent crypto history and signal Binance’s ambition to move from passive beneficiary to strategic stakeholder in the settlement infrastructure that routes stablecoin balances between exchanges, wallets, merchants, and financial institutions, a layer Mesh’s 300+ platform integrations already power for hundreds of millions of users across 100+ countries.
Binance to Lead Mesh Funding Round Valuing Crypto Payments Firm at $2B
