Galaxy Digital ($GLXY) holds an early-stage investment in Mesh, a crypto payments network that recently achieved a $1 billion valuation following a $75 million Series C round led by Dragonfly. Mesh has raised over $200 million from backers including PayPal Ventures, Paradigm, and Coinbase Ventures, and currently powers integrations for PayPal, Worldcoin, Kalshi, and RedotPay. The platform facilitates settlements in USDC, PYUSD, and fiat, connecting over 300 wallets and exchanges to capture volume in the stablecoin market.