Key facts
- Startup Mesh plans to expand its presence in the Asia Pacific (APAC) region.
- Mesh CEO Jason Ne Win believes APAC will be the future of the crypto era.
- Mesh is a crypto orchestration platform valued at $1 billion.
- The company secured $75 million in Series C funding prior to launching APAC operations.
- Asia accounted for 60% of all stablecoin movements in 2025.
- South Korea is considered a top market for crypto penetration in APAC.
Startup Mesh intends to significantly increase its focus on the Asia Pacific (APAC) region, with CEO Jason Ne Win expressing strong optimism about the area's potential in the cryptocurrency era. In an interview with Yonhap News Agency on the sidelines of the Korea Blockchain Week 2026, Ne Win stated that APAC, including countries like South Korea and Japan, is positioned to become a significant global economic force, potentially rivaling the G7 nations.
Mesh, which operates as a crypto orchestration platform connecting various virtual asset exchanges and wallets, is currently valued at $1 billion. The company recently launched its dedicated APAC operations in April, following a $75 million Series C funding round. According to Ne Win, Asia represented 60 percent of all stablecoin movements in 2025, and several APAC countries, including South Korea, rank among the top 10 globally for crypto penetration. He also noted the region's advanced payment infrastructure, which often bypasses credit cards in favor of methods like QR codes, and projected that APAC could account for up to 60 percent of global purchasing power by 2030.
Despite a small current team of five in Asia, Mesh has already secured nearly 10 deals with local partners and is actively meeting with South Korean companies in the payments and commerce sectors. Ne Win sees potential for digital asset natives to use stablecoin wallets and exchange accounts for transactions within South Korea, while also suggesting areas for improvement in the country's virtual asset market friction. He strongly supports South Korea's consideration of issuing won-denominated stablecoins, envisioning a future where countries issue their own local currency-denominated stablecoins to reflect true commerce and foreign exchange dynamics.
Ne Win also advised South Korean regulators to adopt a global perspective, emphasizing the importance of regulatory harmonization and recognition as money, information, and value increasingly move across borders.