Stablecoin company Conduit raises $36 million from Dragonfly Capital

fortune.com/crypto/2025/05/28/stablecoin-conduit-36-million-dragonfly-capital

Conduit, a stablecoin company founded in 2021, announced on Wednesday that it has raised $36 million led by Dragonfly Capital with participation from Sound Ventures, Altos Ventures, DCG, and Commerce Ventures. This round, a Series A, brings Conduit’s total funding to $53 million. The…

This story appeared on fortune.com, 2025-05-28 13:00:00.
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