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Former SpaceX Executive's Crypto Platform Stackup Completes $4.2 Million Seed Funding Round, Led by 1kx
Summary: Former SpaceX mission manager John Rising's crypto platform Stackup has completed a $4.2 million seed funding round, with 1kx leading the investment and three other companies including Y Combinator and Digital Currency Group participating. The platform offers enterprises a solution for 'centralized control over decentralized assets' using account abstraction technology, supporting features like spending limits ...
Former SpaceX mission manager John Rising's crypto platform Stackup has completed a $4.2 million seed funding round, with 1kx leading the investment and three other companies including Y Combinator and Digital Currency Group participating. The platform offers enterprises a solution for 'centralized control over decentralized assets' using account abstraction technology, supporting features like spending limits and batch transaction approvals. Rising, emphasizing the importance of system security design based on his aerospace engineering experience, highlights the current crypto industry's excessive focus on security protection at the expense of operational security. The Stackup team, consisting of 4 members, has previously applied their technology to wallet development for Coinbase and Trust Wallet. (Decrypt)
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Link: Former SpaceX Executive's Crypto Platform Stackup Completes $4.2 Million Seed Funding Round, Led by 1kx [Copy]
