Conduit raises $37M in a series A round led by Paradigm and Haun Ventures to develop customizable blockchain-based products.

Jun 30, 2024•about 1 year ago

Amount Raised

$37 Million

Round Type

series a

KalispellFintechFinance

Investors

Bankless VenturesCoinbase VenturesCredibly NeutralRobot VenturesHaun VenturesParadigm

Description

Conduit raised $37 million in a series A round led by Paradigm and Haun Ventures, with participation from Robot Ventures, Credibly Neutral, Coinbase Ventures, Bankless Ventures, and several angel investors. The funds will be used to develop Conduit’s customizable blockchain-based products, such as rollups, and make on-chain computing more accessible.

Company Information

Company

Conduit

Location

Kalispell, Montana, United States

About

Conduit is a next-generation payment network for businesses that move money across borders. We provide fast, reliable global payments by combining instant local payment rails with the efficiency of stablecoins. With a single API, Conduit connects banks, local payment rails, and blockchains to create a resilient network spanning key markets worldwide — including deep connectivity across Latin America, Africa and Asia.

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