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Home»ADOPTION NEWS»Paradigm Supports Conduit, Launches Marketplace for Rollups for Improved Scalability
ADOPTION NEWS

Paradigm Supports Conduit, Launches Marketplace for Rollups for Improved Scalability

By Crypto FlexsAugust 23, 20242 Mins Read
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Paradigm Supports Conduit, Launches Marketplace for Rollups for Improved Scalability
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Cryptocurrency infrastructure startup Conduit has announced the launch of a marketplace platform that will help rollup teams scale.

Conduit creates products that help developers build their own “customizable and robust” rollups and creates layer 2 scaling solutions for networks. Ethereum Ethereum

+0.33%
. The new Conduit Marketplace offers:“It’s the place to find, buy, and build best-in-class integrations for everything your chain needs,” the Ollup team said in a statement.

The company said there were 48 partners registered for the marketplace at launch Thursday. Rollup developers can then seamlessly find, purchase, and integrate tools by organizing the marketplace, Conduit said in a statement. “The Conduit Marketplace can save the Rollup team three to six months of time,” it added.

““By making integrations as easy as deploying a rollup in Conduit, we’re enabling crypto teams to focus on what they do best: building great experiences for their users,” the company said in a statement.

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


Disclaimer: The Block is an independent media outlet providing news, research and data. As of November 2023, Foresight Ventures is the largest investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, influential and timely information on the cryptocurrency industry. Below are the current financial disclosures.

© 2024 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.

About the Author

RT Watson is a senior reporter at The Block, covering a wide range of topics including corporate America, blockchain gaming, and NFTs. Previously, he covered entertainment at The Wall Street Journal, writing about Disney, Netflix, Warner Bros., and the creator economy, with a focus on technological disruption across media. Prior to that, he covered corporate, economic, and political news in Brazil at Bloomberg. RT has interviewed a wide range of people, including CEOs, media moguls, major influencers, politicians, blue-collar workers, drug dealers, and convicted criminals. He holds a Master’s degree in Digital Sociology.

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