Different assets at each end of a payment
SmartFunding handles the conversion between a customer’s holdings and the merchant’s settlement currency. A customer can pay with assets such as Bitcoin or Solana while a business receives a stablecoin or local fiat currency.
A larger network for commercial payments
The round values Mesh at $1 billion and brings total financing above $200 million. Part of the investment itself was settled in stablecoins. New capital supports product development and expansion of connections between wallets, blockchains and exchanges.