Fundraising Fox

Conduit

10 known investors

Conduit provides enterprise-grade blockchain infrastructure for production use cases, including rollups, Layer 1 chains, RPC nodes, and professional deployment services. The platform serves financial institutions, fintech companies, and consumer applications seeking to move payments, assets, and financial products onchain.

Also known as Conduit XYZ, Inc. · conduitxyz

Investors · 10

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Conduit (Conduit XYZ, Inc.) operates a blockchain infrastructure platform that lets teams design, deploy, and run their own chains, positioning itself with the line "You build the product, we run the chain." Its platform spans three main areas: Chains, covering customizable rollups and Layer 1 networks built with rollup technologies such as OP Succinct and the company's G2/G3 sequencer; RPC Nodes, providing managed endpoints across more than 100 networks via API keys so customers avoid running their own nodes; and Professional Services, in which Conduit staff embed with customer teams to define architecture, handle integrations and operations, deliver training, and execute migrations with minimal downtime.

The company markets an "Enterprise Suite" aimed at organizations moving payments, financial products, and assets onchain, emphasizing predictable performance under sustained load, high availability, end-to-end operational support, and low-latency execution for real-time use cases. Additional listed platform components include a Privacy Suite and a Marketplace of 70+ integrated apps, plus built-in Account Abstraction tooling. Conduit maintains public documentation (docs.conduit.xyz) including an AI-agent-oriented index (/llms.txt) and an open-source GitHub organization (conduitxyz) with 49 repositories, among them a customized OP Stack execution client built on the Reth SDK (conduit-op-reth), OP Stack and Arbitrum external node packages, a Rust CLI, a TypeScript SDK, and integration tooling.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Apps available in Conduit MarketplaceJan 202670 apps
Conduit chains using Privy wallet infrastructureJan 202650 chains
Katana L2: total transactionsJan 202646,000,000 transactions
Katana L2: total value lockedJan 2026$426M
Katana L2: transactions per dayJan 2026330,000 transactions/day
Mainnets deployed on ConduitJan 202660 chains
Networks supported by RPC node infrastructureJan 2026100 networks
Plume chain: block latencyJan 202617 milliseconds
Plume chain: RWA holdersJan 2026250,000 holders
Plume chain: total transactionsJan 2026190,000,000 transactions
Privy wallet transactions on Conduit chainsJan 202634,000,000 transactions
Privy wallets on Conduit chainsJan 20265,000,000 wallets
Public GitHub repositories (conduitxyz org)Jan 202649 repositories
Share of chains on Ethereum powered by ConduitJan 202655%
Total value locked across Conduit chainsJan 2026$4B
Transactions processedJan 20263,000,000,000 transactions

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 9

by search overlap
Coinbase34 shared keywordsCoinbase is a cryptocurrency exchange platform that offers trading, custody, and financial services for cryptocurrencies, stocks, derivatives, and prediction markets to consumers, institutions, and developers. The company operates a full-stack infrastructure including secure custody, liquidity services, stablecoin infrastructure, and global settlement rails.
Chainlink32 shared keywordsChainlink is an oracle platform that connects blockchains with external data, existing systems, and other chains, providing data feeds, cross-chain interoperability, settlement, compliance, and privacy infrastructure. It serves financial institutions and decentralized finance (DeFi) protocols building and operating tokenized asset and onchain financial products.
Alchemy29 shared keywordsAlchemy is a platform layer that enables developers to build applications on blockchain networks. The company provides infrastructure and APIs to simplify blockchain development for a global audience.
Conduit Data San Francisco28 shared keywordsConduit provides tools for embedding AI copilots, chatbots, and reporting into software applications, with pre-built integrations and ETL pipelines to connect business applications and data sources. It targets SaaS and application developers who want to add embedded dashboards, LLM-powered analytics, and AI-driven products without building the underlying infrastructure.
Quicknode27 shared keywordsQuicknode provides blockchain infrastructure services that enable developers and enterprises to build and deploy decentralized applications across multiple blockchains. The platform offers fast, reliable node access and developer tools for Web3 projects ranging from wallets and Layer 1 protocols to gaming and fintech applications.
The Ethereum Foundation26 shared keywordsethereum.org is a public, open-source educational resource and community portal for the Ethereum blockchain network, maintained by a core team and thousands of global contributors. The site serves as an onboarding portal and knowledge hub for developers, users, and those new to Ethereum and cryptocurrency.
Ledger25 shared keywordsLedger provides hardware and software cryptocurrency wallet solutions that enable users to buy, swap, earn, and manage digital assets with security features and portfolio tracking capabilities across multiple blockchain networks.
KuCoin22 shared keywordsKuCoin is a cryptocurrency exchange where users can trade digital assets. It highlights proof-of-reserves transparency and ranks among the larger crypto trading platforms.
Bitget20 shared keywordsBitget is a cryptocurrency exchange platform that also offers Bitget CFD, letting users trade traditional assets such as forex, gold, crude oil, and indices directly with USDT via an MT5 account. It provides multi-asset trading with up to 500x leverage for retail and crypto traders.

Companies competing with Conduit for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 4

launches, deals, and filings
Jan 2026
Conduit and Polygon Labs build the Katana L2 chain

Conduit embedded with Polygon Labs to build the Katana Layer 2 chain, documented in a Conduit case study reporting $426M total value locked, 46M total transactions, and 330K transactions per day.

source ↗

Jan 2026
Conduit and Privy partnership for wallet infrastructure

Conduit and Privy partner to provide wallet infrastructure across 50+ Conduit chains, with 5M Privy wallets and 34M wallet transactions reported on those chains.

source ↗

Jan 2026
Purpose-built real-world asset chain with Plume

Conduit case study describes building a purpose-built chain for real-world assets with Plume, reporting 250K RWA holders, 190M total transactions, and 17ms block latency.

source ↗

Jan 2026
Enterprise Suite introduced

Conduit's website announces an Enterprise Suite of blockchain infrastructure intended to scale to enterprise demand, alongside enterprise solutions and professional services offerings.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Conduit do?
Conduit is a chain infrastructure platform for deploying and operating production rollups, L1s, and RPC nodes.
Who are Conduit's investors?
Conduit's investors include Coinbase Ventures, Haun Ventures, Liam Horne, Paradigm, Scott Sunarto, Drive Capital, Eniac Ventures, Innovation Endeavors and 2 more.