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Mesh acquires exchange connectivity developer Bluvo

Mesh acquires exchange connectivity developer Bluvo

Money Moves

Crypto payments network absorbs Bluvo's exchange connectivity tech, then teams with Visa to spend balances at 175 million merchants

Overview

Updated Oct 13

Mesh, a crypto payments network that connects more than 300 exchanges and wallets, bought Bluvo, a two-person startup that built software for moving funds between crypto exchanges and apps. The companies announced the deal October 13. Bluvo's co-founders, Florian Sabani and Luca Dalla Chiara, joined Mesh in engineering and exchange-partnership roles.

On October 19, Mesh said it had partnered with Visa to let people spend crypto and stablecoin balances held in wallet apps at more than 175 million merchant locations. Mesh handles the funding and conversion behind the scenes, so users do not have to sell or move assets first. A launch date and the participating wallets have not been announced.

Why it matters

Crypto payment infrastructure is consolidating under Mesh, which could make it the toll road for moving money across exchanges, wallets, and chains.

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Key Indicators

300+
Mesh exchange and wallet integrations
Mesh has connected more than 300 exchanges and wallets through a single integration since 2020.
270+
CEX APIs maintained by Bluvo
Bluvo aggregated over 270 third-party centralized exchange APIs into a single flow.
$60M
Crypto moved by Bluvo's API
Bluvo's API moved $60 million in crypto onchain and offchain before the acquisition.
175M+
Visa merchant locations
Mesh and Visa will let users spend crypto and stablecoin balances at more than 175 million merchant locations worldwide.

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People Involved

Organizations Involved

Timeline

2020 October 2026

4 events Latest: October 19th, 2026 · 3 weeks ago
Tap a bar to jump to that date
  1. Mesh partners with Visa on crypto spending

    Latest Partnership

    Mesh said it would let users spend crypto and stablecoin balances from wallet apps at more than 175 million Visa merchant locations, with Mesh handling funding and conversion. Launch details were not announced.

  2. Mesh acquires Bluvo

    Acquisition

    Mesh announces acquisition of Bluvo; co-founders join in engineering and exchange partnerships roles.

  3. Bluvo founded

    Founding

    Florian Sabani and Luca Dalla Chiara found Bluvo to build exchange-to-DeFi connectivity infrastructure.

  4. Mesh founded

    Founding

    Bam Azizi co-founds Mesh to build a crypto payments network connecting exchanges and wallets.

Scenarios

1

Mesh pushes past 500 integrations, becomes default crypto payment layer

Likely Resolves by End of 2027

Discussed by: Crypto infrastructure analysts tracking consolidation in payment rails

Bluvo maintained 270+ exchange APIs, and Mesh already has 300+ integrations. Combined, the two teams could push the network past 500 connections. This would make Mesh the largest crypto payment connectivity layer by integration count, strengthening its position as the standard network for moving digital assets.

2

Mesh launches CEX-to-DeFi product using Bluvo technology

Possible Resolves by Q2 2027

Discussed by: Developers and DeFi observers watching for Bluvo tech integration

Bluvo's core product was moving funds from centralized exchanges to decentralized protocols. If Mesh integrates this into its platform, it would offer a new capability: direct CEX-to-DeFi transfers through Mesh's network. This would expand Mesh's use cases beyond simple payments into the growing DeFi market.

3

Acquisition has limited impact on Mesh's growth

Unlikely Resolves by End of 2027

Discussed by: Skeptics who note Bluvo was a two-person startup founded less than two years ago

Bluvo had two employees and was founded in February 2025. If the technology doesn't scale or the founders' expertise doesn't translate to Mesh's network, the acquisition could have limited impact. Mesh's integration count would grow slowly, staying below 400.

4

Mesh and Visa launch in-wallet crypto spending at checkout

Possible Resolves by Q2 2027

Discussed by: Payments analysts watching the Mesh-Visa integration

Mesh said it will provision a Visa credential behind the scenes so wallet users can pay with crypto or stablecoins without selling first. If it ships broadly, Mesh's conversion layer would reach Visa's 175 million merchant locations. Mesh has not announced a launch date, supported devices, or participating wallets.

Historical Context

2 moments from history that rhyme with this story — and how they unfolded.

2013-present

Plaid's rise as the banking connectivity layer (2013-present)

Plaid built APIs that connect fintech apps to bank accounts, becoming the standard connectivity layer for the banking industry. Bluvo's co-founder Florian Sabani explicitly described Bluvo as building 'the first centralized API fabric-layer just like OpenBanking and Plaid did the past decade.'

Then

Plaid became the default connectivity layer for fintech, connecting thousands of apps to thousands of banks.

Now

Plaid's model showed that connectivity infrastructure becomes strategically valuable as the standard layer in financial systems.

Why this matters now

Bluvo was explicitly modeled on Plaid's approach. Mesh's acquisition of Bluvo mirrors how connectivity infrastructure becomes the standard layer in financial systems.

January 2020 - January 2021

Visa's attempted acquisition of Plaid (2020-2021)

Visa agreed to acquire Plaid for $5.3 billion in January 2020. The Department of Justice sued to block the deal on antitrust grounds, and Visa abandoned it in January 2021.

Then

Plaid remained independent and continued to grow as the standard banking connectivity layer.

Now

The failed deal showed how valuable connectivity infrastructure becomes, and how regulators view it as a critical choke point.

Why this matters now

Shows the strategic value of connectivity infrastructure. Mesh is betting that crypto payment connectivity will be similarly strategic.

Sources

(11)