Binance is expected to spearhead a fresh financing round for Mesh, a crypto payments provider, potentially valuing the company at $2 billion. This move reflects growing demand for seamless digital asset-to-fiat transfer solutions and advanced payment infrastructure worldwide.
Mesh had previously reached a $1 billion valuation earlier this year after securing $75 million in a Series C round. The firm invested that capital in attracting FinTech clients across Asia, Europe, and Latin America. More recently, it raised an additional $82 million in 2025 to accelerate product innovation and expand its API offerings, enhancing developer access and integration capabilities.
Co-founder and CEO Bam Azizi highlighted that the future economy will be tokenized but fragmented, creating a need for services that simplify this complexity. He emphasized improving user experience as critical for mainstream adoption, aiming for payment solutions intuitive enough that anyone, including a grandmother, can use them without understanding the underlying stablecoin technology.
Despite this optimism, corporate uptake of stablecoins remains cautious. PYMNTS Intelligence’s 2026 Certainty Project report found that only a small fraction of middle market companies currently use stablecoins or other crypto forms for payments. The report noted that transforming stablecoins into viable corporate payment tools requires robust market access, compliance, liquidity, risk management, and trust, framing it as institutional-grade infrastructure rather than crypto experimentation.
This perspective aligns with Mesh’s strategy to position itself as a core component in corporate payment ecosystems by abstracting blockchain complexity and focusing on compliant, integrated solutions that meet enterprise needs.