‘Users need safety’: Former SpaceX manager raises 4.2 million USD for crypto platform Stackup

Stackup secured 4.2 million USD in seed funding to develop its platform for managing on-chain business operations. The funding was led by venture capital firm 1kx, with notable participation from Y Combinator and Digital Currency Group.

The platform aims to enhance user safety and prevent on-chain failures using account abstraction, which enables businesses to customize wallet features, control assets securely, and streamline transaction processes.

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