ROLLUPS

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

theblock.co 22/08/2024 - 16:05 PM

Conduit Launches Marketplace for Rollup Teams

Crypto infrastructure startup Conduit has announced the launch of a marketplace platform designed to help rollup teams enhance scalability.

Conduit develops products that enable developers to create customizable and reliable rollups, which are Layer-2 scaling solutions for networks such as Ethereum. The new Conduit Marketplace will serve as a platform where rollup teams can find, purchase, and deploy top-notch integrations tailored to their chains’ requirements.

As of Thursday’s launch, the company reported having 48 partners listed on the marketplace. Rollup developers can easily navigate through the offerings, allowing them to seamlessly find, acquire, and integrate necessary tools. Conduit claims that its marketplace can reduce the integration timeframe for rollup teams by 3 to 6 months.

“By simplifying the integration process on Conduit, we allow crypto teams to concentrate on their core duties: creating exceptional user experiences,” the company stated.

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




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