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Conduit

Conduit

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One API for DeFi

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Conduit enables fintechs, neobanks, and challenger banks to quickly and easily go to market with crypto-based product offerings at a fraction of the cost of building in-house. Its customizable, plug-and-play API makes it possible to build a range of innovative and differentiated crypto-based products within days, beginning with high-yield savings accounts, bringing decentralized finance to the mainstream.

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Hyperliquid ecosystem L2 network Elysium will launch its mainnet on November 9.

据官方消息,Hyperliquid 生态的首个 L2 网络 Elysium 将于 11 月 9 日正式上线主网。Elysium 专为 Hyperliquid 构建,基于 HyperEVM 结算并与 HyperCore 共置,采用 HYPE 作为原生燃料代币(Gas)。该网络运行 Conduit 的 G2 排序器,底层架构符合 SOC II Type 2 安全标准。

Federated Hermes plans to launch its first tokenized fund shares in early 2027.

According to CoinDesk, asset manager Federated Hermes (FHI), which manages $911 billion in assets, has announced a partnership with New York-based digital securities infrastructure provider Prometheum to launch its first batch of tokenized fund shares in early 2027, making them available to investors through traditional brokerage accounts and financial advisor channels. Money market funds will serve as the priority entry point for tokenization. Prometheum’s SEC-registered broker-dealer subsidiary will provide custody, clearing, and settlement services. Previously, the company had collaborated with platforms such as Archax, Goldman Sachs, and Conduit Digital to explore tokenization. It will now transition to self-issuing tokenized fund shares, further deepening its on-chain footprint. Citi forecasts that the tokenized securities market could reach $5.5 trillion by 2030.

Conduit Sues Tether: $2.76 Million Frozen Over Suspected Involvement in Brazil Case

Cross-border payment platform Conduit sues Tether, accusing it of wrongfully freezing $2.76 million in USDT after misjudging its ties to a Brazilian investigation.

The Elysium L2 testnet for the Hyperliquid ecosystem is now live.

Per Kinetiq's official announcement, the Elysium testnet, an L2 network in the Hyperliquid ecosystem, is now live. It settles transactions on the HyperEVM and is colocated with HyperCore, using HYPE as its native gas token. Powered by Conduit's G2 sequencer, Elysium aims to support general-purpose DeFi and on-chain spot trading applications. The testnet browser and developer documentation are currently accessible.

Hyperliquid Ecosystem's First L2 Network Elysium Testnet Goes Live

Odaily News: Elysium is a general-purpose, high-performance L2 network built specifically for Hyperliquid, and its testnet is now live. The network settles to HyperEVM and is co-located with HyperCore, with HYPE as its native gas token; it currently operates on a SOC II Type 2 compliant architecture, utilizing Conduit's G2 sequencer.