Stablecoin Startup Atticus Nears $2B Valuation in Funding Led by Anduril’s Palmer Luckey

Atticus, a stealth-mode stablecoin startup founded by fintech veterans Owen Rapaport and Jacob Hirschman, is reportedly closing in on a valuation between $1.5 billion and $2 billion, according to Axios. The funding round is being spearheaded by Palmer Luckey, founder and CEO of defense technology firm Anduril, in a rare intersection of defense tech and digital currency.

Though still operating largely behind the scenes—with no official website or public communications—Atticus has already drawn significant attention from high-profile investors. Haun Ventures, a crypto-focused venture capital firm, is among those backing the project, positioning the startup as a serious contender in the digital currency space.

If the valuation holds, Atticus could become the first stablecoin unicorn of 2025, signaling renewed momentum in a sector that’s been under increased scrutiny and evolving regulation.

Founded by Rapaport—whose previous venture, Aer Compliance, specialized in digital asset compliance—and Hirschman, formerly special counsel at Circle, Atticus is built on a foundation of deep regulatory, legal, and crypto infrastructure expertise. Their experience suggests a strategic focus on building within the regulatory frameworks that increasingly shape the future of digital finance.

The timing is critical. As stablecoins continue to attract attention from policymakers, financial institutions, and enterprises alike, the push toward mainstream adoption grows stronger. Central banks are evaluating frameworks, banks are launching or integrating stablecoin products, and companies are exploring them for faster, cheaper cross-border payments.