Mesh has officially joined the ranks of crypto unicorns. The San Francisco-based payments network announced today that it closed a $75 million Series C funding round. This latest injection brings
Finternet Labs and Avalanche Collaborate to Unlock $10B Tokenisation Opportunity in India
Finternet Labs is co-created by Pramod Varma (Chief Architect of Aadhaar) and Siddharth Shetty (CEO of Finternet Labs). It is backed by the vision and leadership of Nandan Nilekani, one of India’s most influential architects of digital public infrastructure.
Expert Insights
Markets
Nasdaq Issues Delisting Warning to Bitcoin Mining Hardware Firm Canaan
Canaan’s shares were trading at around $0.79 at the time of writing. The stock has not traded above $5 since 2022, and last closed above $2 in October, according to market data.
Press Release
Web3 Gaming
Immutable Launches Mobile Gaming Division to Tap $121B Market
“A specialist taskforce, hell bent on breaking games into the $121bn mobile market,” Ferguson wrote on X (formerly Twitter). “Since April, we’ve already taken three games to the No. 1 rank on mobile stores. Now we want the charts to be dominated by Immutable.”
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Artificial Intelligence
Prosperr.io Raises $4 Million Seed Funding Led by Jungle Ventures to Build AI-Powered Tax Infrastructure
Prosperr.io builds AI powered tax management infrastructure aimed at simplifying compliance for individuals and enterprises operating across increasingly complex financial and regulatory environments.
The show attracted 5,000+ participants, and 100+ international keynote speakers were represented in 50+ different sessions and featured over 100+ different companies and startup businesses.
The report notes that UPI has fully entered the mainstream. In FY25, the network accounted for 83% of India’s digital payment volumes and processed a staggering 185.8 billion transactions. This represents a 41.7% increase year-on-year.
Looking into 2026, Sherlock expects protocols to stop accepting partial security assurances. Simply pointing to a completed audit is losing credibility.
The research also revisits the failures of the 2022 crypto lending crisis. Platforms collapsed after operating with high loan-to-value (LTV) ratios, opaque rehypothecation practices, and platform-controlled custody.
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