MeshWallet, a Tallinn, Estonia-based cryptocurrency wallet operated by Consistent Performance OÜ, has raised $10 million in a private funding round. The financing came from a group of private investors and small family offices.
The company plans to use the capital to advance its software roadmap, expand its product infrastructure and grow its ecosystem for retail and business users.
MeshWallet develops a self-custodial USDT wallet for the TRON network. Its platform allows users to send TRC20 USDT without separately acquiring and maintaining TRX to cover network transaction costs, with the wallet handling the network resources required for transfers. The product is available through the Apple App Store and Google Play.
The fundraising is classified as Startup Fundraising, with MeshWallet falling under the FinTech sector because its core product provides cryptocurrency and stablecoin financial infrastructure.
