Exclusive: Stablecoin company Conduit raises $36 million from Dragonfly Capital and Altos Ventures


Description

Conduit, a stablecoin-driven cross-border payments firm founded in 2021, secured $36 million in Series A funding led by Dragonfly Capital. The round increases its total funding to $53 million. CEO Kirill Gertman emphasized Conduit’s goal of enabling faster and cheaper global business transactions through stablecoins and localized banking integrations.

Publish date

May 28, 2025