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Gate Ventures Announces Strategic Investment in Mesh to Advance Crypto Payments Infrastructure

BeInCrypto
Gate Ventures strategically invested in Mesh to advance its unified crypto payments network infrastructure.

Summary

Gate Ventures, the venture capital arm of Gate.com, announced a strategic investment in Mesh, a crypto payments network focused on unifying wallets, exchanges, and fiat rails via a single integration layer. Gate Ventures believes stablecoins and crypto payments are crucial infrastructure but are hindered by fragmentation, positioning Mesh to abstract this complexity. Mesh, founded in 2020, builds a horizontal connectivity layer allowing businesses to integrate crypto payments, deposits, and settlements through one API by aggregating integrations across the ecosystem. Its platform offers unified connectivity, on/off-ramp aggregation, payment orchestration, and merchant integrations, aiming to be the foundational layer for stablecoin-powered payments. Gate Ventures favors Mesh's horizontal, connectivity-first approach over siloed networks, viewing it as core infrastructure connecting traditional payments with the on-chain economy.

(Source:BeInCrypto)