Conduit raises $37M in a series A round led by Paradigm and Haun Ventures to develop customizable blockchain-based products.
Conduit raises $37M in a series A round led by Paradigm and Haun Ventures to develop customizable blockchain-based products.
06/30/24, 12:53 AM
Location
kalispellMoney raised
$37 million
Industry
fintech
finance
Round Type
series a
Investors
Bankless Ventures, Coinbase Ventures, Credibly Neutral, Robot Ventures, Haun Ventures, Paradigm
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 Info
Location
kalispell, montana, united states
Additional Info
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.