Mesh secures new funding from PayPal Ventures, Coinbase Ventures, and others, bringing its total funding to over $130 million.

The new funding was partially settled in the PayPal USD (PYUSD) stablecoin. Mesh announced a new round of investment from PayPal Ventures, Coinbase Ventures, Uphold, ByBit, SBI Japan, and others, bringing its total funding to over $130 million.