PANews, May 28 - According to Fortune Crypto, the stablecoin company Conduit has announced the completion of a $36 million Series A funding round, led by Dragonfly Capital, with participation from Sound Ventures, Altos Ventures, DCG, and Commerce Ventures. This round of funding brings the company's total fundraising to $53 million, with the valuation undisclosed. Conduit was founded by Kirill Gertman in 2021, focusing on building stablecoins and related infrastructure.