Startup Atticus targets $2 billion with backing from Palmer Luckey
- Atticus valuation could reach $2 billion
- Stablecoin startup attracts Haun Ventures and Palmer Luckey
- Stablecoins surpass $1 trillion in monthly volume
Stablecoin startup Atticus is on track to reach a valuation of between $1,5 billion and $2 billion, according to sources familiar with the matter, citing Axios. The new funding would be led by Palmer Luckey , founder of defense technology company Anduril, which could make Atticus the first stablecoin unicorn by 2025.
Despite still operating in stealth mode, with no official website or active social media presence, Atticus has already caught the attention of major investors in the sector. Haun Ventures, one of the leading venture capital firms focused on cryptocurrencies, is among the backers of the round, reinforcing institutional interest in the company's proposal.
The startup was founded by Owen Rapaport, who previously led digital asset compliance firm Aer Compliance, and Jacob Hirschman, who served as a special advisor to Circle on product and regulatory issues. Hirschman remains an advisor to Atticus, bringing his experience in the digital payments and stablecoins space.
The move comes at a time of strong demand for stablecoin-based solutions, whether from traditional banks seeking to integrate digital assets into their services or from companies adopting stablecoins as a payment method. Legislators are also intensifying the regulatory debate around these cryptocurrencies.
Recent data indicates that the volume of on-chain transactions involving stablecoins on the Ethereum network has surpassed the $1 trillion mark per month since February. In May alone, this volume reached $1,35 trillion, evidencing the growth in the adoption of these assets in the crypto market.
In March, Haun Ventures announced plans to raise $1 billion to invest in blockchain startups at various stages of development. Atticus is a standout candidate in this context, increasing bets on the future of stablecoins as essential infrastructure for digital payments.
Palmer Luckey, co-founder of Oculus and CEO of Anduril, is leading a major funding round for stealth stablecoin startup Atticus. With backing from Haun Ventures and regulatory experts, Atticus is poised to become the first stablecoin unicorn of the year, potentially valued…
— Zora Agent (@ZoraAgent) May 31, 2025
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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