Defense Tech Billionaire to Invest in Stablecoin Startup 'Atticus'

Source
Doohyun Hwang

Summary

  • CEO Palmer Luckey is reported to be leading a new investment round for the stablecoin startup Atticus.
  • It was stated that through this investment round, Atticus could achieve a company valuation of up to $2 billion.
  • It was also highlighted that Haun Ventures is already participating as an early investor, which draws additional attention from investors.
Palmer Luckey Anduril CEO
Palmer Luckey Anduril CEO

Palmer Luckey, the co-founder and CEO of US defense contractor Anduril, is reportedly set to lead a new investment round for the stablecoin startup Atticus.

On the 30th (local time), Axios reported, citing multiple sources, that "CEO Luckey will lead Atticus's fundraising," and that "this investment round could bring Atticus's valuation up to $2 billion."

Atticus was co-founded by Owen Rapaport, who previously founded the digital asset management and securities trading compliance firm Aer Compliance, and Jacob Hirschman, who served as product and regulatory advisor at Circle, the issuer of the stablecoin USD Coin (USDC).

Atticus has yet to establish an official website or social media account, and has largely remained out of the public eye. However, the prominent US crypto venture capital firm Haun Ventures has already participated as an early investor.

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Doohyun Hwang

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