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Techub News reports that Japanese financial giant SBI Holdings, U.S. blockchain infrastructure company Mesh, and Japanese fintech company Money Forward plan to establish a cryptocurrency joint venture in Japan. The joint venture is expected to launch in the fourth quarter of 2026 in Japan, with the specific timing subject to regulatory approval. (Tech in Asia)
Techub News reports that cryptocurrency payment network Mesh has completed a $75 million Series C funding round, reaching a post-money valuation of $1 billion. The round was led by Dragonfly Capital, with participation from Paradigm, Moderne Ventures, Coinbase Ventures, SBI Investment, and Liberty City Ventures. The funds will be used to accelerate expansion in Latin America, Asia, and Europe, and to drive product development. Positioned as an asset-agnostic unified payment network, Mesh claims to cover over 900 million users. It enables users to make payments using assets like Bitcoin and Solana, while merchants receive instant settlements in stablecoins such as USDC and PYUSD or local fiat currencies. A portion of this funding round was settled in stablecoins.
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