Key TakeawaysLeading cryptocurrency exchange Binance is preparing to anchor a major funding round for crypto payments infrastructure provider MeshThe anticipated investment could establish Mesh’s valuation at $2 billion, representing a 100% increase from its $1 billion worth in January 2026In January, Mesh secured $75 million in Series C financing spearheaded by Dragonfly Capital, with support from Paradigm and Coinbase VenturesThe company specializes in creating bridges between digital wallets, trading platforms, stablecoins, and traditional financial systemsNeither Binance nor Mesh has publicly confirmed the transaction detailsBinance is moving forward with plans to spearhead a significant funding round for Mesh, a cryptocurrency payments and settlement infrastructure provider, according to a recent report from Axios. Sources close to the situation indicate the round could value the company at approximately $2 billion.Axios: Binance Plans to Lead Mesh’s New Funding Round at Up to $2B ValuationAccording to Axios, citing people familiar with the matter, crypto payments and settlement company Mesh is raising a new funding round at a valuation of up to $2 billion, with Binance planning to lead… pic.twitter.com/Rfac1fFyIC— Wu Blockchain (@WuBlockchain) July 3, 2026Both parties have yet to issue official statements regarding the transaction.Extraordinary Valuation Surge for Payment StartupEarlier this year in January 2026, Mesh successfully closed a $75 million Series C financing round that valued the company at $1 billion. Dragonfly Capital served as the lead investor, joined by notable participants including Paradigm, Moderne Ventures, Coinbase Ventures, SBI Investment, and Liberty City Ventures.Should this latest funding round complete at the anticipated $2 billion mark, Mesh would achieve a remarkable doubling of its enterprise value within approximately half a year.Previously operating under the name Front Finance, Mesh develops critical infrastructure that enables seamless connections between cryptocurrency wallets, exchange platforms, digital currencies, and conventional fiat payment rails.The company addresses a persistent challenge in cryptocurrency commerce: users frequently possess one type of digital asset while merchants or service providers prefer receiving payment in different assets or traditional currency. Mesh provides the essential conversion and settlement infrastructure that bridges this gap.Stablecoin Expansion Fueling Infrastructure InvestmentSurging interest in stablecoin technology is directing investment capital toward crypto settlement infrastructure companies. Analysts point to increasingly clear regulatory frameworks for stablecoins and expanding tokenization initiatives across financial markets as key drivers behind this trend.Financial institution Circle recently introduced regulated stablecoin settlement capabilities following regulatory approval in Luxembourg. The institution now facilitates USDC, USDG, and its proprietary EURI token for enterprise-level fiat-to-crypto conversions.Meanwhile, prominent U.S. financial institutions are collaborating on a tokenized deposit infrastructure through the Clearing House initiative, with an expected rollout in early 2027. This framework will enable banks to process tokenized deposits continuously within established regulatory parameters.Mesh occupies a strategic position within this transformation. The company concentrates on facilitating value transfer across various assets, wallets, and payment networks—precisely where institutional capital is concentrating.Strategic partnerships have also driven the company’s expansion. During 2024, Mesh formed an alliance with Italian cryptocurrency wallet provider Conio, delivering users enhanced access to multiple exchange platforms and withdrawal capabilities through Mesh’s connectivity infrastructure.A Binance-anchored investment round would signal that major cryptocurrency exchanges recognize payment and settlement infrastructure as a critical growth vertical.Investment capital has increasingly shifted away from basic trading applications and token projects toward platforms supporting compliant payments, international transfers, and asset settlement operations.Mesh’s reported valuation demonstrates this market evolution. Upon confirmation, the transaction would position Mesh as a central player within the expanding stablecoin and asset tokenization ecosystem.The funding round’s anticipated completion timeline remains undisclosed.The post Binance Eyes $2B Investment in Mesh as Crypto Payments Sector Heats Up appeared first on Blockonomi.