Crypto infrastructure Conduit launches trading market, offering Rollup teams one-click access to purchase and install integration tools.

Rollups construction service provider Conduit announced the launch of the "Conduit Marketplace" trading platform, where Rollups teams can purchase and install integration tools to enhance scalability and accelerate development processes, aiming to create a more streamlined on-chain experience.

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What is Conduit backed by Paradigm?

As a platform focusing on native cryptocurrency infrastructure, Conduit specializes in providing developers with "customizable and reliable" Rollups solutions that can dramatically increase the performance of their chain applications by tens to hundreds of times in a short period.

The official website shows that Conduit Rollups have a total value locked (TVL) of over $1.2 billion, have assisted in deploying over 200 mainnets and testnets, and have increased Ethereum's computational efficiency and performance by more than 15 times.

It is reported that Conduit streamlines the development process for crypto teams by initiating, maintaining, and expanding Rollups through professional infrastructure personnel, enabling easy construction and deployment of these solutions, allowing teams to focus on product creation.

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In June of this year, Conduit announced the completion of a $37 million Series A funding round led by crypto venture capital firms Paradigm and Haun Ventures, with participation from Coinbase Ventures:

This fund will be used to further develop our product line and help us continue to expand Ethereum so that developers can easily deploy, scale, and build their own Rollups.

Conduit Launches Trading Marketplace

As part of the ongoing effort to promote Rollups technology, Conduit recently unveiled a new trading platform called "Conduit Marketplace," aimed at providing a centralized place for Rollups teams to purchase and deploy integration tools.

According to Conduit's announcement, the platform already has 48 partners, where Rollups developers can find, purchase, and seamlessly integrate the tools they need through categorization, significantly reducing time and cost in the development process and resolving complex integration issues during construction:

The Conduit Marketplace can save 3 to 6 months for Rollup teams, allowing them to focus on their core business and accelerate the product development process.

Through this platform, Conduit once again demonstrates its commitment to providing efficient solutions for the cryptocurrency industry and further solidifies its leading position in the market.

Conduit founder Andrew Huang stated that Conduit Marketplace is a significant step towards becoming a native cloud platform for Rollups:

The platform can handle everything needed on-chain, making deploying Rollups a breeze through the integration tools running on Conduit, allowing crypto teams to focus on what they do best: creating excellent on-chain experiences for users.