Mesh acquires Bluvo as Bluesky announces plans for network payments

Crypto payments platform Mesh has announced its acquisition of Bluvo as part of an expansion strategy to enhance digital asset transaction infrastructure. While the acquisition is confirmed, specific details regarding the transaction price, deal structure, regulatory requirements, and integration timelines have not been disclosed.

Separately, decentralized social network Bluesky plans to introduce payment capabilities in the coming months. CEO Toni Schneider and COO Rose Wang stated that the move aims to facilitate commerce and fundraising directly on the network. This strategy is intended to provide a monetization model that avoids a reliance on traditional advertising, allowing users to support creators and entities monetarily across the decentralized ecosystem.