Overview of Transaction

• On August 15, 2024, Mesh announced a new investment from QuantumLight, the VC firm founded by the CEO of Revolut, Nik Storonsky
• The round triples the Company’s pre-money valuation from its Series A capital raise
• The Company has now raised over $45 million from investors such as PayPal Ventures, Money Forward, Galaxy, and Samsung Next
• Founded in 2020, Mesh is a platform that addresses crypto's fragmentation issue by offering connectivity and integration for exchanges, wallets, and payment providers
• Mesh enables users to seamlessly connect, deposit, and pay with their crypto accounts across hundreds of platforms, providing a unified and embedded experience
• With over 300 integrations and support for more than 40 tokens, Mesh is pioneering the creation of a connected and secure crypto ecosystem for businesses and users
• Mesh has signed a strategic partnership with MetaMask to revolutionize digital asset management by streamlining the management and tracking of crypto holdings within the MetaMask wallet ⁽¹⁾
• This integration grants users access to comprehensive transactional histories and valuable insights on portfolio performance, ensuring a streamlined and user-friendly experience for managing multiple wallets and accounts in the crypto space

FT Partners' Role

• This transaction highlights FT Partners’ deep expertise in the digital assets industry and as well as its ability to generate optimal outcomes for FinTech companies globally