Conduit completes $36 million Series A funding round led by Dragonfly Capital

Stablecoin company Conduit has completed a $36 million Series A funding round, led by Dragonfly Capital, with participation from Sound Ventures, Altos Ventures, DCG, and Commerce Ventures. After the completion of this Series A funding round, Conduit's total funding has reached $53 million. The company did not disclose the valuation for this round of financing.