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Rollup deployment platform Conduit completes $37 million Series A financing

Rollup deployment platform Conduit announced the completion of a $37 million Series A financing round led by Paradigm and Haun Ventures, with participation from Bankless Ventures and Coinbase Ventures. The founders of Conduit want to make on-chain computing as accessible as cloud computing, so that cryptocurrency developers can build without restrictions. The new funding will help Conduit go beyond the typical Rollup deployment use case, and since its launch, Conduit has helped teams like Degen and Proof of Play build their first L3.