Crypto Infrastructure Startup Conduit Closes $7 Million Seed Round Led by Paradigm

Crypto infrastructure startup Conduit closed a $7 million seed round led by Paradigm. The new funds will help the launch of its new product, said Conduit's founder Andrew Huang.

Conduit's target customers include DeFi protocols, game companies, NFT platforms, etc. The company offers a managed service that helps developers easily and quickly deploy their applications to Optimism. Conduit and the Optimism Foundation will work together to support developers launching apps on the chain and transition to its forthcoming Superchain blockchain network.