Paradigm-backed Conduit launches marketplace for rollups eager to boost scalability

Paradigm-backed Conduit launches marketplace for rollups eager to boost scalability

THE BLOCK
By THE BLOCK
2024-08-22 16:05

Crypto infrastructure startup Conduit has announced it is launching a marketplace platform aimed at helping rollup teams increase scalability.

Conduit creates products that help developers build their own “customizable and reliable” rollups, Layer-2 scaling solutions for networks like Ethereum ETH +0.13% . Its new Conduit Marketplace will offer rollup teams a place where they can "find, buy, and deploy best-in-class integrations for anything their chain needs," according to a statement.

The company said it has 48 partners listed on the marketplace as of Thursday's launch. Rollup developers will be able to sort through the marketplace and then find, purchase and integrate tools seamlessly, Conduit said in its statement. "Conduit Marketplace can save rollup teams 3 to 6 months," it added.

Start your day with the most influential events and analysis happening across the digital asset ecosystem.

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and Privacy Policy

"By making it as easy to run integrations on Conduit as it is to deploy a rollup, we’re enabling crypto teams to focus on what they do best: building great experiences for their users," the company also said in its statement.

In June, Conduit raised $37 million in a Series A round co-led by Paradigm and Haun Ventures.


Related Content
Use Coinglass APP
Get a better and more comprehensive user experience