Conduit announced that it raised $36 million in a Series A round to scale infrastructure and expand support

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Conduit, a cross-border payments platform using stablecoins, announced on May 28, 2025, that it raised $36 million in a Series A round to scale its cross-border payments infrastructure and expand support for both stablecoins and fiat currencies.

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May 28, 2025

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Cross-border payments platform Conduit said on Wednesday it has raised $36 million in a Series A funding round co-led by Dragonfly and Altos Ventures.
Conduit, a stablecoin company founded in 2021, announced on Wednesday that it has raised $36 million led by Dragonfly Capital
Conduit, a cross-border payments firm that uses stablecoins, has raised $36 million in a Series A round to expand its global payment rails, the company said on Wednesday.

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05/28/2025
Week 22 of 2025