Palmer Luckey, co-founder of Oculus and current CEO of defense-tech firm Anduril, is reportedly spearheading a new funding round for the stealth stablecoin startup Atticus, according to sources cited by Axios.
Though still operating under the radar with no public-facing website or social media presence, Atticus is gaining traction among prominent investors. The company was founded by Owen Rapaport, previously behind Aer Compliance, and Jacob Hirschman, a former special counsel at Circle and now an advisor to the venture.
Crypto venture firm Haun Ventures is already on board as a backer. The new round of financing led by Luckey could push Atticus to a valuation between $1.5 billion and $2 billion, potentially making it the first stablecoin unicorn of the year.
While little is known publicly about Atticus’s product plans, the involvement of regulatory veterans and high-profile backers signals a likely focus on compliance and institutional-grade infrastructure in the stablecoin sector.
As the regulatory landscape around digital assets matures, Atticus appears to be positioning itself for a high-stakes entry into the stablecoin market at a time when investor confidence in compliant digital dollar alternatives is growing rapidly.
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Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/palmer-luckey-to-lead-funding-round-for-stealth-stablecoin-startup-atticus/